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Norway’s Oil Production To Fall To 30-Year Low
Despite cost controls, increased efficiency, and higher activity offshore Norway, oil production at Western Europe’s largest oil producer fell in 2018 compared to 2017 and is further expected to drop this year to its lowest level since 1988.
read more... 14/01/2019
Daily (11.01.2019): German spot power price fell by 26% on Thursday due to strong wind generation
Oil prices edged slightly higher on Thursday, tracking bullish equity markets following comments from the U.S. Federal Reserve chairman. However, gains were capped by waning optimism about the three-day U.S.-China trade talks, as these finalized with no concrete details. Concerns about a potential slowdown in global economy fuelled by weaker Chinese economic data also limited the rally in oil markets. On that background, Brent crude inched 0.4% up to $61.68 a barrel, while WTI futures settled 0.4% higher at $52.59 a barrel.
read more... 11/01/2019
BP discovers another giant gas field in the Caspian
BP and its partners just spent $28 billion bringing a giant natural gas project in Azerbaijan online, and that may only be the start.
read more... 11/01/2019
Acciona completes installation of PV panels at 404MW solar plant in Mexico
Acciona Energía has completed installation of solar panels at the 404.57MW Puerto Libertad plant located in the Sonora desert in Mexico.
read more... 11/01/2019
Aker energy strikes oil offshore Ghana
Norwegian oil company Aker Energy announced Thursday that it has struck oil offshore Ghana with a resource volume potential of up to 1 billion barrels of oil equivalent, according to a company statement.
read more... 11/01/2019