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Daily (23.07.2018): WTI crude fell by 1.7% on Friday, due to U.S.-China trade tensions and supply increases
Brent crude increased by 0.7% to $73.07 a barrel on Friday, as forecasts for reduced exports from Saudi Arabia and a weaker dollar propped up oil prices. However, WTI crude dropped by 1.7% at $68.26 a barrel, amid continuous trade tensions between China and US.
read more... 23/07/2018
Iranian Energy Giant Ready to Replace Total in South Pars Project
Iranian holding company MAPNA Group voiced readiness to take over a project on development of the country’s South Pars gas field as French company Total has backed out of its contract with Iran for fear of the US sanctions.
read more... 23/07/2018
GIG reaches financial close on 235MW Overturingen wind farm in Sweden
Green Investment Group (GIG) has reached a financial close on €270m of total funding for the 235MW Overturingen wind farm in Sweden to be developed alongside SCA Energy.
read more... 23/07/2018
Turkey becomes second LNG importer in Europe
Turkey became the second largest liquefied natural gas (LNG) importer country in Europe in 2017, according to the latest report of the International Gas Union (IGU) released in July.
read more... 23/07/2018
Daily (20.07.2018): Carbon prices jumped by 2.7% on Thursday due to strong auction
Brent crude decreased by 0.4% to end at $72.58 a barrel on Thursday, due to a strong dollar, higher U.S. crude output and an unpredicted rise in the production of the Organization of the Petroleum Exporting Countries and Russia. On the other side, WTI crude hiked by 1% to $69.46 a barrel, after Saudi Arabia's OPEC governor declared the kingdom's crude exports will decline by around 100,000 barrels per day in August.
read more... 20/07/2018