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Daily (14.03.2019): Electricity prices on the curve slumped by around 3% on Wednesday due to weaker coal and carbon markets
Oil prices rose on Wednesday following a strong decline in U.S. inventories and due to sanctions that stalled exports from Venezuela. Brent crude added $0.88, or 1.3%, to close at $67.55 a barrel. WTI futures settled 2.4% higher at $58.26 a barrel.
read more... 14/03/2019
Shell, Eneco and Van Oord tender jointly for 760 MW of Dutch offshore wind
A Dutch consortium that includes oil and gas major Royal Dutch Shell Plc is participating in a tender for a couple of offshore wind farms with a combined capacity of 760 MW.
read more... 14/03/2019
Georgia to increase Azerbaijani gas import
The 2 most important strategic segments of the gas market of Georgia - the population and the production of electricity - will be provided by Azerbaijani gas, Georgia's Deputy Minister of Economy and Sustainable Development Natia Turnava said.
read more... 14/03/2019
Greenlink interconnector project secures investment from Partners Group
Partners Group has acquired an undisclosed stake on the behalf of its clients in the Greenlink interconnector project, a proposed 500MW power interconnector, which will link the Irish and the UK power markets.
read more... 14/03/2019
Daily (13.03.2019): NBP spot tumbled by 4% on Tuesday, due to strong wind power output and rising temperatures
Oil prices inched up on Tuesday, supported by Saudi Arabia's plan to tighten supply in April. A shortage in Venezuelan oil exports due to a power outage also boosted prices. However, gains were limited by rising U.S. crude production. Both Brent and WTI crude rose by 0.1% to $66.67 a barrel and $56.87 a barrel respectively.
read more... 13/03/2019