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Daily (23.08.2019): EU carbon prices fell to an 8-week low on Thursday, weighed down by technical weakness

Crude oil prices inched down on Thursday, due to weaker equity markets and uncertainty over the outlook for U.S. interest rate cuts. Both Brent crude and WTI futures fell by 0.6% to $59.92 and $55.35 a barrel respectively.

read more... 23/08/2019

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Rosneft signs agreements on offshore gas field development with Mozambique

Russian state-run oil company Rosneft signed a memorandum of understanding with Mozambique's National Hydrocarbons Company (Empresa Nacional de Hidrocarbonetos E.P., ENH) to develop offshore natural gas fields, a TASS correspondent reported from the signing ceremony.

read more... 23/08/2019

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Scandinavia’s largest offshore wind farm opens

Swedish Vattenfall opened Scandinavia’s largest offshore wind farm, Horns Rev 3, the company announced in a statement Thursday.

read more... 23/08/2019

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Serbian, Hungarian power exchanges to merge operations by end-2019

The power exchanges of Serbia and Hungary are expected to merge their business by the end of the year to create a strong regional player, Serbian energy minister Aleksandar Antic said.

read more... 23/08/2019

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Daily (22.08.2019): NBP spot surged by 5.4% on Wednesday as the outage at Culzean gas field has been extended

Oil prices diverged on Wednesday. Brent crude price rose due to a higher-than-expected draw in U.S crude stockpiles, while WTI futures dropped due to continued worries about the global economy. Brent crude added $0.27, or 0.5%, to $60.30 a barrel. Meanwhile, WTI crude lost $0.45, or 0.8%, to end at $55.68 a barrel.

read more... 22/08/2019

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