Latest news
France to develop nuclear cooperation in Brazil
French utility company EDF and Brazilian state power company Eletrobras signed a memorandum of understanding to promote cooperation in nuclear power in Brazil, according to Eletrobras on Wednesday.
read more... 08/06/2018
Daily (07.06.2018): WTI crude fell 1.2% on Wednesday due to a sudden increase in crude inventories
While Brent crude slipped on Wednesday, WTI crude slumped by more than 1% after the Energy Information Administration reported a sudden increase in US crude inventories. Brent oil was generally stable at $75.36 a barrel.
read more... 07/06/2018
Spain’s Repsol Buys New Crude Cargo from Iran Despite US Sanctions
Iran sold its first cargo from West Karoun to Spain’s Repsol after the US decision to exit the Joint Comprehensive Plan of Action (JCPOA). Repsol ordered 500,000 bpd of spot cargoes of West Karoun crude which Iran is marketing as Pars oil.
read more... 07/06/2018
India receives its cheapest LNG from Russia’s Gazprom
The Russian natural gas supplier, Gazprom, has launched supplies of liquefied natural gas (LNG) to India.
read more... 07/06/2018
Wind Disappears in Britain Leaving Turbines at a Standstill
Britain’s gone seven days with almost no wind generation and forecasts show the calm conditions persisting until the middle of the month.
read more... 07/06/2018