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Daily (05.07.2019): EU carbon prices dropped by around 1.8% on Thursday in a weaker auction
Crude oil prices declined in a thin trading due to a public holiday in the U.S. on Thursday, influenced by a smaller-than-anticipated drop in the U.S. crude inventories. Concerns of a scarce demand stoked by weaker U.S. factory orders and slower business growth in Europe also weighed on prices. However, this week’s decision on the extension of OPEC+ output cuts limited losses. Against that background, Brent crude lost 0.8% to settle at $63.30 a barrel, while WTI futures ended 0.9% lower at $56.80 a barrel.
read more... 05/07/2019
Greece awards 143 MW of PV, 179.5 MW of wind in dedicated tenders
Greece’s Regulatory Authority for Energy (RAE) has awarded about 142.88 MW of solar photovoltaic (PV) and 179.55 MW of wind power capacity in the country’s latest renewable energy tenders, held on July 1.
read more... 05/07/2019
Equinor strikes oil at Oseberg area
Norwegian offshore oil and gas firm Equinor had said it has made a profitable oil discovery in Oseberg area in the North Sea.
read more... 05/07/2019
Uniper gets French approval for power assets sale to Kretinsky's EPH
German energy group Uniper said it had signed agreements to sell its power generation and distribution businesses in France to Central European energy group EPH after receiving approval from the French government.
read more... 05/07/2019
Daily (04.07.2019): NBP spot jumped by 2.2% on Wednesday, due to outages in Norway
Crude oil prices added ground on Wednesday, as major U.S. stock indexes closed at record high levels. Moreover, a decrease in the number of oil rigs, operated by U.S. energy firms, for the first time in three weeks, also lent support to prices. As a result, Brent crude climbed by 2.3% to $63.82 a barrel, while WTI futures closed 1.9% higher at $57.34 a barrel.
read more... 04/07/2019