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Norway green lights Johan Castberg project in the Barents Sea

The Norwegian Ministry of Petroleum and Energy has approved Equinor’s plan for development and operation of the Johan Castberg field in the Barents Sea.

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Presidents of Turkey, Azerbaijan and Georgia inaugurated the Trans Anatolian Natural Gas Pipeline (TANAP)

TANAP started operations on June 12 at a grand inauguration ceremony.

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Senoko Energy launches first solar energy project

SENOKO Energy launched its first solar energy project, with the rooftop installation of solar panels for mobility technology company Continental Automotive Singapore, the power generation player said on Wednesday morning.

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Daily (13.06.2018): Brent crude settled 0.8% lower on Tuesday ahead of OPEC meeting on the 22nd of June

Predictions that voluntary output reductions led by OPEC might be eased weighed down on Brent crude on Tuesday, which closed 0.8% lower at $75.88 a barrel. OPEC warned about downside risks to demand in the last quarters of the 2018, stating that oil market outlook is uncertain.

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Daily (12.06.2018): Carbon prices slumped by 2.1% on Monday on worries about high auction supply

On Monday, oil prices edged slightly higher on optimism over the US – Korea summit’s aftermath between their leaders — Donald Trump and Kim Jonh Un in Singapore. Brent crude futures was stable at $76.46 per barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures rose by 0.6% to $66.10 a barrel.

read more... 12/06/2018

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