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Daily (19.09.2018): Oil prices gained almost 1.5% on Tuesday, due to concerns over global supply

Oil crude prices surged on Tuesday, prior to OPEC’s meeting on the possibility to raise production, as Iranian output might decline once U.S. sanctions will take effect from November. However, gains were capped by continuous trade disputes between U.S. and China. Brent crude added 1.3% to close at $79.03 a barrel. WTI crude increased by 1.4% to $69.85 a barrel.

read more... 19/09/2018

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BW Offshore begins oil production from Tortue field offshore Gabon

BW Offshore and Panoro Energy have reported first oil production from the Tortue field in the Dussafu license offshore Gabon, using the BW Adolo floating production storage and offloading (FPSO) vessel.

read more... 19/09/2018

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Orsted offloads 50% of Hornsea 1

Orsted has sold a 50% stake in its in-construction 1218MW Hornsea 1 offshore wind farm off east England to Global Infrastructure Partners.

read more... 19/09/2018

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Construction of Slovak-Polish gas pipeline link launched

The construction of a gas pipeline link between Slovakia and Poland was ceremonially launched at the gas transport hub in Veľké Kapušany (Košice Region) on Tuesday, September 18.

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Daily (18.09.2018): Electricity prices on the curve surged by around 5% on Monday, tracking bullish carbon markets

Oil crude prices fell slightly on Monday, as trade tensions between U.S. and China could have an impact on the global demand. Brent crude ended 0.1% down at $78.05 a barrel, but losses were capped by a cut in Iranian outputs. WTI crude also slipped by 0.1% to $68.91 a barrel.

read more... 18/09/2018

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