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Daily (29.04.2019): Crude oil prices plunged by almost 3% on Friday, after Donald Trump urged OPEC countries to raise output
Crude oil prices lost ground on Friday, after Donald Trump urged OPEC countries to raise output as to stop further gains in crude prices. Brent crude plunged by 3% to $72.15 a barrel, while WTI futures traded 2.9% lower at $63.30 a barrel.
read more... 29/04/2019
Daily (26.04.2019): French spot power price spiked by 40% on Thursday due to falling wind output
Oil prices declined on Thursday, as global oil capacity looks sufficient to compensate the supply gap after the soon-ending sanction waivers on Iranian oil imports. WTI futures dropped by 1% to $65.21 a barrel, amid stronger U.S. crude production and abundant stocks. Brent crude slipped by merely 0.3% to $74.35 a barrel, with losses limited by halted oil imports via Russian pipeline due to quality concerns.
read more... 26/04/2019
French utility Engie to sell some German and Dutch coal power assets
French utility Engie has agreed to sell some coal-fired power plants in the Netherlands and Germany, as Engie continues its strategy of disposing of non-core assets to focus more on the renewable energy sector.
read more... 26/04/2019
Cryogas-Vysotsk LNG project in Russia commences full-scale production
Novatek and its joint venture partner Gazprombank Cryogas-Vysotsk have started full-scale production of liquefied natural gas (LNG) from the Cryogas-Vysotsk LNG project in the Leningrad Region of Russia.
read more... 26/04/2019
Siemens Gamesa secures two wind turbine orders in the US
Siemens Gamesa has secured two wind turbine orders in the US, totalling 487MW of clean capacity.
read more... 26/04/2019