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Daily (17.05.2019): Brent crude added 1.2% on Thursday, due to rising tensions in the Middle East

Oil prices extended momentum on Thursday, on rising tensions in the Middle East, as Saudi Arabia responded to its recent attacks on its crude oil firm by launching air strikes on the Houthi-held capital Sanaa. Brent crude rose by 1.2% to $72.62 a barrel, while WTI Crude increased by 1.4% to $62.87 a barrel.

read more... 17/05/2019

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Irish wind hit 37% high in Q1

Wind’s share in Ireland’s electricity rose 2% to 37% in the first quarter of 2019, compared with the same period in 2018, according to the Irish Wind Energy Association (IWEA).

read more... 17/05/2019

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Lukoil starts operations of two wells at D41 field in Baltic Sea

LUKOIL has announced the commencement of commercial operation of two wells at D41 offshore field in the Baltic Sea.

read more... 17/05/2019

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Portugal to tender 1.35 GW of solar under new licensing rules

Portugal's Minister of the Environment, Joao Matos Fernandes, said the government will auction 1.35 GW of solar capacity now that the licensing regime has been changed to allow that.

read more... 17/05/2019

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Daily (16.05.2019): British forward gas prices rose by almost 2% on Wednesday, tracking the bullish trend in oil prices

Crude oil prices rose on Wednesday, due to the conflict in the Middle East that could disturb global supplies. Meanwhile, a surprise rise in U.S. crude stocks limited the gains. Brent crude climbed by 0.7% to $71.77 a barrel, while WTI futures settled 0.4% up at $62.02 a barrel.

read more... 16/05/2019

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