Crude oil price extended gains on Monday as tensions erupted following Soleimani's killing on Friday, with Tehran and Washington exchanging strike threats. Brent crude for March delivery rose above $70 a barrel at one point, but settled only 0.5% higher at $68.91 a barrel. U.S. WTI crude for February delivery gained 22 cents to close at $63.27 a barrel.
read more... 07/01/2020
Crude oil prices surged on Friday, hitting the highest level since September 2019 after a U.S. military strike killed General Qassem Soleimani, head of Iran’s elite Quds Force, increasing concerns about a crude oil disruption.
read more... 06/01/2020
The solar market grew by about 30% in 2019 with almost 4GW of new projects installed, according to initial analysis by the German solar industry association BSW.
read more... 06/01/2020
The governments of Greece, Israel and Cyprus have signed an agreement to build a pipeline that could supply Europe with 4 percent of its annual gas needs by the middle of the decade.
read more... 06/01/2020
According to Rosatom, in 2019, the Russian nuclear power plants set a new electric power output record – over 208.784 billion kilowatt-hours, which means they have grown their joint production and exceeded their previous record of 2018 (204.275 billion kWh) by over 4.5 billion kWh.
read more... 06/01/2020