Latest news
Daily (26.09.2018): The carbon contracts traded almost 5% lower on Tuesday due to a bearish energy complex
Oil futures continued to rise on Tuesday, on concerns over global supply, once U.S. sanctions on Iran’s crude exports will be applied in November. The increase in prices was limited by Donald Trump’s call on OPEC to raise production. Brent crude added 0.8%, extending its 4-year peak to $81.87 a barrel. Meanwhile, WTI crude edged 0.3% higher to $72.28 a barrel due to falling U.S. inventories.
read more... 26/09/2018
LNG production in Russia could reach 83 mln tonnes by 2035 — Energy Ministry
Russia can increase production of liquefied natural gas (LNG) to 83 mln tonnes by 2035 from the current 21 mln tonnes, Head of Department of Oil and Gas Production and Transportation at the Russian Energy Ministry Alexander Gladkov said at the Sakhalin Oil & Gas Conference & Exhibition.
read more... 26/09/2018
Romania's Transelectrica completes 100 mln lei (22 mln euro) investment project
Romanian power grid operator Transelectrica said on Tuesday that it has completed the second stage of the 400/110/20 kV Tulcea Vest substation refurbishment project following a 100 million lei ($25 million/ 22 million euro) investment.
read more... 26/09/2018
Siemens Gamesa wins new contracts in Spain
Siemens Gamesa, a leader in the renewable energy industry, has continued winning new contracts in Spain, having recently sealed deals with WPD, Brial and a major energy company for the supply of 233 MW.
read more... 26/09/2018
Daily (25.09.2018): German spot power price jumped by 145% on Monday, due to a decline in wind production
Oil crude prices rose significantly on Monday, as OPEC rejected President Donald Trump’s proposal to raise outputs and on worries about Iranian supply disruptions when U.S. sanctions will come into force in November. Brent crude jumped by 3.1% to a 4-year high at $81.20 a barrel. Meanwhile, WTI crude gained 1.8% at $72.08 a barrel.
read more... 25/09/2018