Latest news
Daily (26.07.2019): EU carbon prices failed to hit the €30 mark on Thursday, as sellers unloaded inventory
Oil prices inched up on Thursday, bolstered by rising tensions between U.S. and Iran and a sharp drop in U.S. crude stockpiles. However, slower global economic growth that could reduce fuel demand limited gains. As a result, Brent crude edged 0.3% higher at $63.39 a barrel, while WTI futures closed 0.3% up at $56.02 a barrel.
read more... 26/07/2019
Wartsila wins 100MW Asia storage deal
The system will support the grid as renewables are added
read more... 26/07/2019
Planning permit issued to 110-MW Aussie solar project
Regulators in New South Wales, the southeastern Aussie state, have granted conditional approval to a project calling for the construction of a 110-MW solar park.
read more... 26/07/2019
Saudis To Boost Oil Pipeline Capacity To Bypass Strait of Hormuz
Saudi Arabia is looking to raise the capacity of its east-west oil pipeline to 7 million bpd in two years from the current 5 million bpd, the Kingdom’s energy minister Khalid al-Falih told Reuters on Thursday.
read more... 26/07/2019
Daily (25.07.2019): NBP spot plunged by 3.7% on Wednesday, as Sterling hit a one-month high versus the euro
Crude oil prices nudged down on Wednesday, despite a large decrease in U.S. crude stockpiles as investors are concerned about global oil demand. Saudi Arabia’s and Kuwait’s plans to resume oil production in the Saudi–Kuwaiti Neutral Zone also put pressure on oil prices. As a result, Brent crude inched 1% down at $63.18 a barrel, while WTI futures settled 1.6% lower at $55.88 a barrel.
read more... 25/07/2019