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Daily (31.01.2019): British spot gas price tumbled by 1.6% on Wednesday due to an oversupplied system
Oil prices were up on Wednesday after U.S. government data indicated a lower-than-expected rise in crude oil stockpiles. Moreover, U.S. exports sanctions against Venezuelan exports and a decline in gasoline inventories supported prices. Nevertheless, the trade dispute between the United States and China is still weighing on the market. Brent crude rose 0.5% higher to close at 61.65 USD/bbl, while WTI crude surged by 1.7% to settle at 54.23 USD/bbl.
read more... 31/01/2019
Azerbaijan keen to invest in LNG sector: minister
Azerbaijan has shown interest in the liquefied natural gas (LNG) sector and planned to invest through State Oil Company of Azerbaijan Republic (SOCAR), a government official said on Wednesday.
read more... 31/01/2019
Gazprom, Moldova’s President reviews ongoing and future cooperation in gas sector
A meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Igor Dodon, President of the Republic of Moldova, took place in Moscow.
read more... 31/01/2019
E.on breaks ground on 100-MW solar project in Texas
German utility E.on SE has initiated construction at its 100-MW West of the Pecos solar project in Texas, planning to bring it online at end-2019.
read more... 31/01/2019
Daily (30.01.2019): Oil prices climbed back on Tuesday following U.S sanctions on Venezuela
An upward trend was noticed in the oil markets on Tuesday, as U.S. sanctions on state-owned Venezuelan oil company PDVSA could influence global supply. On the other side, concerns over global economy might still put a lid on prices. Brent crude rose by 2.3% to 61.32 USD/bbl, while WTI crude was up by 2.5% settling at 53.31 USD/bbl.
read more... 30/01/2019