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Daily (05.12.2018): NBP spot price dropped by 3.3% on Tuesday due to warmer weather and oversupply
Oil prices gained further momentum on Tuesday, on expectations for supply shortages, a subject to be discussed at the meeting between the OPEC and Russia in Vienna on the 6th of December. Brent crude price traded 0.6% higher at $62.08 a barrel. At the same time, the cut in Canadian production in the efforts to help OPEC limit oversupply also boosted prices. WTI crude surged by 0.6% at $53.25 a barrel.
read more... 05/12/2018
Aquila secures financing for 147.6 MW of Swedish wind
German lender HSH Nordbank and the Netherlands’ Cooperatieve Rabobank have provided project debt for Aquila Capital's 147.6-MW Thor wind farm in Sweden.
read more... 05/12/2018
Maersk Drilling to provide rigs for Seapulse’s 12-well drilling program
Danish offshore driller Maersk Drilling and Seapulse have signed a master alliance agreement under which Maersk Drilling will provide fully integrated services for a global offshore oil & gas exploration drilling program of 12 wells.
read more... 05/12/2018
Norway's Equinor to start talks with Tanzania over LNG project
Norway’s Equinor is ready to start talks with Tanzania on developing a liquefied natural gas (LNG) project based on a deepwater offshore discovery, the company said on Tuesday.
read more... 05/12/2018
Daily (04.12.2018): Brent crude hiked by 5.1% on Monday, as US-China trade war tensions eased
Oil prices jumped on Monday, after Qatar decided to quit the OPEC club in January 2019. Furthermore, US-China trade tensions eased as no additional tariffs will be imposed during a period of 90-days. Expectations for OPEC supply reduction also stimulated prices. Brent crude price increased by 5.1% to $61.69 a barrel. Meanwhile, WTI crude gained 4% to $52.95 a barrel.
read more... 04/12/2018