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Daily (12.12.2018): Carbon prices slumped by more than 3% on Tuesday
Oil prices rose slightly on Tuesday, due to weaker equity markets and worries about a possible U.S. government closure following Trump’s declaration related to the Mexican Border Wall. Brent crude edged 0.4% higher at $60.2 a barrel. Additionally, Libya's National Oil Company (NOC) stated that a force majeure situation occurred at the nation's major oilfield. WTI crude soared by 1.3% to $51.65 a barrel.
read more... 12/12/2018
Eneco signs PPA for 487-MW Belgian offshore wind project
Dutch utility Eneco, one of the shareholders in the 487-MW SeaMade cluster of offshore wind projects in Belgian waters, will buy the entire output of the complex, it said on Tuesday.
read more... 12/12/2018
Novatek’s $27bn Yamal LNG project reaches full capacity
Novatek and Total said that the $27bn Yamal liquefied natural gas project (Yamal LNG project) in Russia has reached full capacity following the launch of the third LNG train.
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Reliance on coal makes Czechs Europe's fifth biggest CO2 polluters
Despite the latest UN report on climate change, which warns that global warming will be far greater than expected, surveys suggest Czechs don’t feel personally responsible for the problem.
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Daily (11.12.2018): Oil prices lost around 3% on Monday, on doubts that OPEC-led output cuts will be enough to support the market
On Monday, oil prices turned bearish on fears about global stock markets and doubts that OPEC-led production cuts will be enough to support the market. Brent crude dropped by 2.8% to settle at $59.97 a barrel. At the same time, WTI crude lost 3.1% to $51 a barrel.
read more... 11/12/2018