Spanish utility Iberdrola announced today it plans to start construction work in the next few months on a 111-MW wind project at home.
read more... 22/01/2019
China's apparent consumption of fuel oil, excluding consumption for bonded bunker fuel, is expected to grow to 30 million mt in 2019, up 9% from 27.5 million mt expected in 2018, Shandong Longzhong Information Technology's fuel oil product analyst Tian Qiujin said this week.
read more... 21/12/2018
Dutch utility Eneco, one of the shareholders in the 487-MW SeaMade cluster of offshore wind projects in Belgian waters, will buy the entire output of the complex, it said on Tuesday.
read more... 12/12/2018
Oil prices hiked on Friday, due to the stoppage in Norway and Iraq, while a decline in supplies from Venezuela influenced the global output. Brent crude soared by 1.2% to $75.33 a barrel. Meanwhile, WTI crude settled 1% higher at $71.01, despite U.S. Secretary of State Mike Pompeo’s statement that Washington would consider granting waivers to Iran's crude buyers.
read more... 16/07/2018
Oil prices increased on Monday, with U.S. crude ending a choppy trade higher on expectations for a Canadian production stoppage lasting until September. Brent crude rose by 1.2% to $78.07 a barrel, due to impending sanctions on Iran and falling output in Libya. WTI crude edged 0.1% higher to end at 73.85 a barrel.
read more... 10/07/2018