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Daily (16.07.2018): NBP spot gas price rose by 2.6% on Friday, due to an undersupplied system
Oil prices hiked on Friday, due to the stoppage in Norway and Iraq, while a decline in supplies from Venezuela influenced the global output. Brent crude soared by 1.2% to $75.33 a barrel. Meanwhile, WTI crude settled 1% higher at $71.01, despite U.S. Secretary of State Mike Pompeo’s statement that Washington would consider granting waivers to Iran's crude buyers.
read more... 16/07/2018
GB offshore 'could hit 43GW'
Offshore wind capacity in the UK could hit 43GW by 2050, up from 6GW last year, according to a new report from the National Grid.
read more... 16/07/2018
Russia ready to invest $50 billion in Iran’s oil & gas projects
Ali Akbar Velayati, Ayatollah Ali Khamenei’s top diplomat, said after the meeting with President Vladimir Putin, that Russian President has announced his country’s readiness to make $50 billion of investment in Iran’s oil and gas projects.
read more... 16/07/2018
GE plans to build Poland's most efficient coal plant
GE Power and Elektrownia Ostroleka signed a contract to build Ostroleka C, an ultra-supercritical (USC) coal-fired thermal power plant in the northeast of Poland, GE announced on Thursday.
read more... 16/07/2018
Daily(13.07.2018): NBP spot price fell by 2.5% on Thursday due to expectations for lower demand
Oil prices were mixed on Thursday, spurred by news that the U.S. market has been undersupplied due to the loss of some Canadian oil production. Brent crude surged by 1.4% to $74.45 a barrel. Meanwhile, WTI crude edged 0.1% lower at $70.33 a barrel, as inventories at the Cushing delivery hub had fallen by almost 1M barrels.
read more... 13/07/2018