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Daily (16.06.2017): UK wholesale gas prices lost another 11% on Thursday to 8-month low
Oil prices continued to decline on Thursday as global inventories are high and on worries about OPEC's ability to implement agreed output cuts.
read more... 16/06/2017
BP: Global energy demand continued its sluggish growth
Global energy demand continued its slow increase last year as growth in Chinese consumption dropped to its lowest level in almost two decades, while renewables flourished, as stated by BP in a report on Tuesday.
read more... 15/06/2017
Daily (15.06.2017): Oil prices dropped by more than 3.5% on Wednesday
Oil fell again on Wednesday, on negative assessments from the IEA and OPEC regarding the health of the oil market. The IEA mentioned that inventory overhang might last longer than expected, while OPEC admitted in the monthly report that the oil market was adjusting “slower-than-expected”.
read more... 15/06/2017
Statkraft will start sale of its stakes in two UK wind parks
Norway's state-owned electricity company Statkraft will this month offer for sale its stakes in two wind parks off Britain's coast, Sheringham Shoal and Dudgeon, and wants to reach an agreement early in 2018, as stated by a spokesman for the firm on Tuesday.
read more... 15/06/2017
Masdar conglomerate finalizes the funding for the third phase of Dubai solar farm
A group managed by Abu Dhabi's renewable energy firm Masdar has accomplished the financing for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, it declared on Wednesday.
read more... 15/06/2017