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Daily (21.11.2018): WTI crude fell by over 6% on Tuesday, due to a larger-than-expected build in the U.S. stocks
Oil prices plummeted on Tuesday on growing worries about a pessimistic global economic outlook. Prices were under pressure, as U.S. President Donald Trump announced about its decision to continue the partnership with Saudi Arabia. Brent crude slumped by 6.4% to settle at $62.53 a barrel. A larger-than-expected build in the U.S. stocks weighed down on the WTI crude, which tumbled by 6.6% to $53.43 a barrel, the lowest level in more than a year.
read more... 21/11/2018
BSOG signs gas sales deal with Engie for MGD Project in Black Sea
Black Sea Oil & Gas (BSOG) and its partners have agreed to supply natural gas produced from the Midia Gas Development Project (MGD Project) offshore Romania to Engie.
read more... 21/11/2018
Spain's Andalucia gives green light to 200 MW of Solarcentury projects
Solarcentury has received the go-ahead from Spain's autonomous community of Andalucia for approximately 200 MW of solar projects, the UK firm said on Tuesday.
read more... 21/11/2018
Poland sees first nuclear power production after 2030
Poland expects its first nuclear power plant to start operating after 2030 as the country aims to cut its use of coal in producing electricity, Deputy Environment Minister Michal Kurtyka said.
read more... 21/11/2018
Daily (20.11.2018): The French power spot price jumped by almost 58% on Monday, due to lower nuclear availability and colder weather forecasts
A reduction in U.S. crude stocks and a potential cut in OPEC production contributed to a slight increase in oil prices on Monday, after a volatile session. Concerns over the continuous trade war between US and China limited gains, keeping Brent crude almost flat at $66.73 a barrel. Meanwhile, WTI crude prices soared by 1.3% to close at $57.2 a barrel.
read more... 20/11/2018