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Daily (17.10.2018): UK gas prices dropped on Tuesday due to an oversupplied market

Global oil prices were slightly up on Tuesday, as forecasts for U.S. supply growth were offset by concerns over the Middle East crude supply due to geopolitical tensions, and the approaching U.S. sanctions on Iranian exports. U.S. West Texas Intermediate futures edged 0.2% higher on Tuesday, to trade at $71.92 a barrel. Meanwhile, Brent crude oil futures rose by 0.8% to end at $81.41 a barrel.

read more... 17/10/2018

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Romania's Cernavoda NPP Unit 2 returns to full power

Nuclearelectrica, the operator of Romania's sole nuclear power plant Cernavoda, said on Tuesday that the plant's Unit 2 is operating at full power again, following repair works that lasted 12 hours.

read more... 17/10/2018

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Spain's Aragon okays construction of 1.29 GW of solar projects

The government of Spain's Aragon autonomous community announced on Monday it has authorised 1,294.5 MW of solar projects that were awarded in the July 2017 energy auction.

read more... 17/10/2018

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OMV gets extension to drill well off Otago Coast

Oil company OMV has been granted a two-year extension for drilling an exploratory well in the Great Southern Basin off the Otago Coast.

read more... 17/10/2018

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Daily (16.10.2018): EU carbon prices dropped by more than 9% in a weaker session on Monday as Brexit deal not reached yet

Oil prices increased on Monday, backed by geopolitical tensions after the disappearance of a Saudi journalist, fueling supply worries from the world’s top crude exporter. The price increase was tempered nonetheless by long-term demand concerns. Therefore, Brent crude price rose by 0.4% to settle at $80.78 a barrel.

read more... 16/10/2018

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