Latest news
Daily (23.02.2017): UK’s near-term gas prices remain bearish on oversupplied system
Crude oil prices declined over 1 percent on Wednesday on expectations of another rally in U.S. stockpiles, retreating from multi-week highs reached in the last session on OPEC’s optimism over its deal with other producers to slash output.
read more... 23/02/2017
Norwegian government would not give up its control in oil and gas firm Statoil
The Norwegian government said it will not cut its stake in oil and gas firm Statoil, as stated in parliament by oil and energy Minister Terje Soeviknes.
read more... 22/02/2017
Spanish Iberdrola installs first turbine at Wikinger offshore wind farm in Germany
Spanish electric utility Iberdrola unveiled it has completed the installation of the first wind turbine at the 350 MW Wikinger offshore wind farm off the coast of Germany, marking a new milestone in the development of the project.
read more... 22/02/2017
Iran to ink oil deal to sell Russia 100,000 bpd
Iran is set to sign a deal to Moscow within the next 10 to 15 days to sell 100,000 barrels per day of oil to Russia, according to Iranian Minister of Petroleum Bijan Zangeneh.
read more... 22/02/2017
Daily (22.02.2017): Oil up about 1%, after hitting three-week highs
Crude oil prices settled about 1 percent higher on Tuesday on OPEC’s optimism for greater compliance over its deal with other producers, including Russia to reduce output to clear a glut that has weighed on markets since 2014.
read more... 22/02/2017