Latest news
Verus Petroleum to be sold by Hitec Vision
The company is financially backed by upstream oil and gas private equity firm HitecVision, and is projected to sell for up to $500 million. Investment bank Jefferies will act as a mediator, according to Reuters.
read more... 25/02/2019
Daily (22.02.2019): Carbon prices plummeted by over 8% due to bearish concerns
Oil prices edged slightly down on Thursday after EIA reported a record level of U.S. crude oil inventories and crude exports since the start of 2018, amid ongoing concerns about slower global economic growth. However, the losses were limited by OPEC’s output cuts, U.S. sanctions on Venezuelan and Iranian oil imports, as well as the advancing U.S.-China trade talks. Brent oil almost steadied at $67.07 a barrel, while WTI crude was 0.4% down at $56.96 a barrel.
read more... 22/02/2019
Spain adds new 392 MW of wind power capacity in 2018
Spain increased its wind power capacity by 392 MW, or 1.69% on the year, to a total of 23,484 MW in 2018, according to data provided by the Spanish Wind Energy Association (AEE) on Wednesday.
read more... 22/02/2019
Turkey set to begin oil and gas drilling off Cyprus
Turkey will begin drilling for oil and gas near Cyprus in coming days, state-owned news agency Anadolu reported Foreign Minister Mevlut Cavusoglu saying on Thursday, a move that could stoke tensions with neighbouring Cyprus and Greece.
read more... 22/02/2019
Coal exports from Belarus to Ukraine increase almost 1K times
According to the National Statistical Committee of Belarus, in just one year Belarus turned into a major exporter of coal: compared to 2017, in 2018, total exports of hard coal increased from 164.9 thousand tons to 853.9 thousand tons, and those of anthracite from 0.3 to 107.3 thousand tons.
read more... 22/02/2019