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Daily (04.04.2019): EU carbon prices soared by over 5% on Wednesday on positive Brexit progress

Oil prices slipped on Wednesday, on data showing an unexpected rise in U.S. inventories. Meanwhile, US sanctions against Iran and Venezuela and OPEC-led supply cuts limited losses. Brent crude edged 0.1% lower at $69.31 a barrel, while WTI futures traded 0.2% down at $62.46 a barrel.

read more... 04/04/2019

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France's Total signs 10-year LNG deal with China's Guanghui

France’s Total said on Wednesday it has signed a 10-year sales and purchase deal with China’s independent gas company Guanghui for annual supply of 0.7 million tonnes of liquefied natural gas (LNG).

read more... 04/04/2019

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GE to supply turbines for 342-MW Aragon project

GE Renewable Energy, the renewables-focused unit of General Electric Co, will be supplying turbines for the 342-MW Phoenix onshore wind project in the Spanish region of Aragon, the company said Wednesday.

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Lukoil has concluded Zhenis block's exploration and development in Kazakhstan

PJSC Lukoil, the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea. Zhenis Operating LLP (50/50 joint venture between Lukoil and KazMunayGas) will be operator of the project.

read more... 04/04/2019

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Daily (03.04.2019): European spot power prices added over 20% on Tuesday, due to a drop in renewables output

Oil prices inched up on Tuesday, hitting their peak in 2019, supported by additional sanctions against Iran and Venezuela. Brent crude edged 0.5% higher at $69.37 a barrel, while WTI futures gained 1.6% to end at $62.58 a barrel.

read more... 03/04/2019

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