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Daily (09.01.2020): Oil prices plunged by over 4% on Wednesday as concerns over a potential war between U.S. and Iran faded
Crude oil prices sank on Wednesday as anxiety over a potential war between the U.S. and Iran faded after reports indicated no Americans were killed during missiles launch by Iran at American bases in Iraq. Moreover, President Donald Trump said Iran seems to have pulled back from its threats.
read more... 09/01/2020
Equinor to extend the life of Statfjord field towards 2040
Norwegian oil and gas company Equinor and its partners in the Statfjord area have identified and approved plans to extend production from the field towards 2040.
read more... 09/01/2020
TurkStream gas pipeline launches in Istanbul
The TurkStream natural gas pipeline was launched Wednesday with an opening ceremony in Istanbul with the attendance of Turkey's President Recep Tayyip Erdogan and Russia's President Vladimir Putin along with high ranking energy ministers from both countries.
read more... 09/01/2020
Global solar capacity to increase by 142 GW in 2020
The global photovoltaic (PV) market is expected to grow by 142 GW this year, a 14% increase from 2019, a new study by IHS Markit (NYSE:INFO) showed on Tuesday.
read more... 09/01/2020
Daily (08.01.2020): Crude oil down 1% on Tuesday on reduced fears of an eventual crude supply squeeze
Crude oil prices fell about 1% on Tuesday, recording the first decline in four sessions, dragged down by reduced fears of an eventual crude supply disruption in the Middle East after the U.S. killed an Iranian general last Friday.
read more... 08/01/2020