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Germany maps offshore future
Germany’s Federal Maritime and Hydrographic Agency BSH is tendering for geotechnical studies of potential new sites for wind energy development in the North and Baltic Seas.
read more... 08/01/2019
Daily (08.01.2019): NBP spot plummeted by 6.5% on Monday due to an oversupplied system
Oil prices surged for the fifth consecutive day on Monday due to cuts in production by OPEC and its allies, as well as the recovery in equity markets. While Brent crude edged 0.5% higher at $57.33 a barrel, WTI crude gained 1.2% to close at $48.52 a barrel. Gains were limited by reduced crude inventories in the US.
read more... 08/01/2019
Daily (07.01.2019): The entire energy complex in a bullish mood on Friday
Oil prices continued to gain momentum on Friday after China declared it would hold trade discussions with the United States. Moreover, China's services sector noticed an expansion in December, according to a survey.
read more... 07/01/2019
Daily (04.01.2019): Brent crude surged by around 2% on Thursday due to OPEC production cuts
Oil prices continued the upward trend in a volatile session on Thursday. Saudi Arabia’s production cuts under OPEC agreement tempered the concerns about a supply glut. Moreover, OPEC is set to support the market through more-than-planned output cuts by the end of January. Consequently, Brent crude rose by 1.9% to $55.95 a barrel, while WTI crude was 1.2% up at $47.09 a barrel.
read more... 04/01/2019
Germany says hallo to renewables as clean power overtakes coal
In 2018, renewables became Germany’s main source of energy, taking over from coal for the first time.
read more... 04/01/2019