Latest news
Daily (04.11.2019): NBP spot surged by 25.5% on Friday due to lower Norwegian flows and an expected spike in heating demand
Crude oil prices posted robust gains on Friday, stimulated by higher-than-expected U.S. employment data in October and optimism that Chinese factory activity expanded at the fastest rate since 2017. On trade talks side, the U.S. and China are moving closer towards a Phase One trade deal, which might be signed this month. That bullish background sent WTI futures 3.7% up at $56.20 a barrel, while Brent crude hiked by 2.4% to $61.69 a barrel.
read more... 04/11/2019
Indonesia Seeks to Expand Green Fuel Production to 100% by 2022
Nusa Dua. Djoko Siswanto, secretary general of the National Energy Committee, said Indonesia is developing green fuel as an end-product of palm oil, to reduce the country's reliance on costly oil imports.
read more... 04/11/2019
UK Gov't Halts Fracking In England Ahead Of General Election
The U.K. fracking industry has grounded to halt as the British government ended its support for the controversial practice of extracting oil out of the ground, reported Bloomberg.
read more... 04/11/2019
Alliant Energy commits to bringing 1GW of solar energy to Wisconsin by 2023
The company says this will provide enough clean electricity to power approximately 260,000 homes in the US region.
read more... 04/11/2019
Daily (01.11.2019): EUAs sank by 1.5% on Thursday, due to weak auction activity
Crude oil prices declined on Thursday, amidst data showing weak factory activity in China that weighed on global demand. As a result, Brent crude traded 0.6% down at $60.23 a barrel. At the same time, a leak on a key U.S. pipeline disrupted supply flows, pushing WTI futures down by 1.6% to $54.18 a barrel.
read more... 01/11/2019