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Daily (05.02.2018): UK day-ahead gas contract traded 1.4% higher on Friday due to colder weather

Oil prices fell on Friday as the dollar surged following strong U.S. jobs growth, while production cuts by OPEC and progressive global demand kept much of the early year oil rally in place. Brent crude slumped by 1.5 percent, to $68.58 a barrel. WTI ended 0.5% lower at $65.45 a barrel.

read more... 05/02/2018

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Bosnia: ERS will construct a 48 MW wind park

Bosnia’s second-largest power utility ERS launched a tender on Tuesday seeking consultants to advise it on developing a 48 MW wind park to aid the Balkan nation diversify its energy sources and reduce greenhouse gas emissions.

read more... 02/02/2018

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Daily (02.02.2018): German spot electricity price hiked by 19.1% on Thursday due to higher demand

Oil prices surged on Thursday after a survey showed that OPEC's commitment to its supply cuts is still in place, even if U.S. output hit 10 million barrels per day for the first time since 1970. Brent crude settled 0.9% higher at $69.65 per barrel. WTI crude ended at $65.8 per barrel, up 1.7%.

read more... 02/02/2018

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SOCAR signs major agreement within modernization of Baku Refinery

Azerbaijan’s state oil firm SOCAR has inked an EPC (engineering, procurement and construction) with Italy’s Maire Tecnimont for the construction of new installations as part of the reconstruction and upgrading of Heydar Aliyev Baku Oil Refinery, according to a message from SOCAR.

read more... 02/02/2018

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E.ON offers its clients “virtual battery” for solar

E.ON has decided to offer its clients the possibility to store their own solar power, without having to install batteries.

read more... 02/02/2018

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