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
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.
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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
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
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