Latest news
Daily (26.12.2016): U.S. WTI crude hits the highest level in 17 months
Crude oil prices were little changed on Friday in a calm trade ahead of the Christmas and New Year holiday week. However, the crude oil contracts posted small gains, as the market strived to observe how OPEC manages its planned output cuts with Libya expecting to boost production. Brent futures rose by 11 cents, or 0.2 percent, to settle at $55.16 a barrel, while U.S. West Texas Intermediate (WTI) crude added seven cents, or 0.1 percent, to end at $53.02, its highest close since July 2015.
read more... 26/12/2016
Turkish electricity prices surge to the highest level in years
Turkey’s electricity prices surged to their highest level in years, as natural gas consumption was spurred by higher household demand due to cold weather.
read more... 23/12/2016
Macquarie to acquire a 50% stake in UK’s Race Bank wind farm from Dong Energy
Danish energy company Dong Energy signed a deal to divest 50% of its stake in the 573MW offshore wind farm project in the UK, called Race Bank, to the Macquarie Group’s units for £1.6bn.
read more... 23/12/2016
Total to acquire Petrobras upstream and downstream interests in Brazil
French energy giant Total has agreed to acquire certain upstream and downstream interests of Petrobras in Brazil in a deal worth US$2.2 billion.
read more... 23/12/2016
Daily (23.12.2016): British gas prices climb on weaker pound against the euro
Crude oil prices boosted in a quiet trading on Thursday, buoyed by upbeat U.S. economic data and optimism that crude producers would agree to curb output. U.S. West Texas Intermediate crude rose by 46 cents, or 0.9 percent, to settle at $52.95 a barrel. Brent futures for February delivery increased by 59 cents or 1.1 percent to $55. 05.
read more... 23/12/2016