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Daily (07.04.2017): Crude oil prices up for a fourth consecutive day
Crude oil prices jumped by 1% on Thursday, recording a fourth consecutive day of gains, but analysts remained circumspect about record-high U.S. crude stockpiles.
read more... 07/04/2017
Cyprus: Block 10 will be explored by Qatar Petroleum and ExxonMobil
The Cypriot Government signed an agreement with Qatar Petroleum and ExxonMobil eyeing the exploration of the hydrocarbon potential in Block 10 offshore the Mediterranean Island.
read more... 06/04/2017
Hitachi seeks ONR approval to launch a 2.7GW UK nuclear plant
Japanese corporation Hitachi unit Horizon Nuclear Power seeks the approval from the Office for Nuclear Regulation (ONR) to develop a 2.7GW Wylfa Newydd nuclear power plant in North Wales, UK.
read more... 06/04/2017
First Serbian wind farm to be built with the support from EBRD
Earlier this week, the European Bank for Reconstruction and Development (EBRD) agreed to grant 50 million euros ($53 million) to Serbian company Electrawinds K-Wind to finance the Balkan country’s first wind farms. The project is estimated to cost 185 million euros and Electrawinds K-Wind will be in charge for its development.
read more... 06/04/2017
Daily (06.04.2017): Europe spot power prices diverge on heavy wind, cold weather
Crude oil prices climbed slightly on Wednesday, but retreated from one-month highs, as a support from an outage at the largest UK North Sea oil field was eclipsed by an unexpected increase in U.S. crude stockpiles to a record level, capping the gains.
read more... 06/04/2017