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Moldova seeks 30% discount on gas imports from Russia

"Moldova needs a 25-30% discount on current gas supplies, otherwise we will have to raise tariffs," president Igor Dodon said in a video file posted last week on the YouTube channel of broadcaster RTR Moldova, Seenews reported.

read more... 01/08/2019

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EDP completes divestment of 997-MW European wind portfolio

EDP Renovaveis SA, part of EDP - Energias de Portugal SA, has concluded the sale of its interest in a 997-MW European wind portfolio to institutional investors advised by JP Morgan Asset Management.

read more... 01/08/2019

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Delek considers LNG terminal offshore Israel

Israeli energy company Delek Drilling announced Tuesday agreements for negotiating engineering services for a floating liquefied natural gas (Flng) facility offshore Israel.

read more... 01/08/2019

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Daily (31.07.2019): WTI futures hiked by over 2% on Tuesday, due to a potential Fed rate cut and lower U.S. crude stocks

Crude oil prices posted robust gains on Tuesday, on hopes that the ongoing two-day meeting of U.S. central bankers would result in an interest rate cut for the first time in over ten years. Prices were also boosted by expectations that the U.S. crude stocks might have dropped for the seventh consecutive week. In addition, persistent supply concerns in the Strait of Hormuz lent more support to prices. Consequently, Brent crude rose by 1.6% to $64.72 a barrel, while WTI futures surged by 2.1% to $58.05 a barrel.

read more... 31/07/2019

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Shell completes Caesar-Tonga sale to Equinor

Shell announced it had signed an agreement to sell its interest in the Caesar-Tonga asset to Israel’s Delek in April 2019. Subsequently, Norway’s Equinor exercised its right of first refusal under the joint venture operating agreement.

read more... 31/07/2019

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