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A 50% reduction in onshore wind costs is possible by 2030
A 50% reduction in onshore wind costs is possible by 2030
read more... 05/09/2017
Daily (05.09.2017): Brent price down by 0.8% on Monday, while WTI crude up amid reviving U.S. refineries
Brent price fell on Monday, after North Korea detonated a hydrogen bomb sparking a powerful 6.3 magnitude earthquake, 'escalating' nuclear crisis. This triggered a shift away from crude markets to assets perceived to be safer, such as gold. Brent crude edged $0.41, or 0.78% lower at $52.34. Meanwhile, the WTI had an opposite trend, growing by 0.23% to settle at $47.40 a barrel, as U.S. refineries that use crude to make fuel were gradually starting up again, along with the pipelines transporting products. This is a potentially bullish development for the WTI crude oil.
read more... 05/09/2017
A joint exploration in Siberia agreed between Russia's Rosneft and China's CEFC
Russian oil major Rosneft declared on Sunday it inked a cooperation deal with CEFC China Energy Company for joint exploration in Siberia.
read more... 05/09/2017
Tesla and Vestas collaborate on battery storage
Vestas has announced it is associating with Tesla to develop new battery storage technologies.
read more... 05/09/2017
Harvey considerably affects prices for US biodiesel
The Hurricane Harvey shook up the US biodiesel market, boosting prices to near a five-month high, while the boho factor dropped to a three-month low.
read more... 04/09/2017