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Daily (13.08.2018): Oil prices rose on Friday, but posted weekly declines due to global trade disputes
Oil crude prices surged on Friday, on predictions of lower supply following U.S. sanctions against Iran. Brent crude closed 1% higher at $72.81 a barrel. Meanwhile, WTI crude soared by 1.2% to end at 67.63% a barrel, posting nevertheless a 1.2% decline week-on-week, on global trade disputes that might slow economic growth and reduce demand for energy.
read more... 13/08/2018
Gas transmission via Nord Stream Pipeline has resumed
All planned maintenance works on the Nord Stream twin gas pipelines have been successfully concluded within the scheduled time frame. Gas transmission resumed today and the full capacity of both pipelines is now available again.
read more... 06/08/2018
Investment in new nuclear declines to five-year low
Global energy investment fell for the third consecutive year in 2017, according to the International Energy Agency (IEA). Investment in nuclear power declined by nearly 45% last year to USD17 billion. Although spending on new reactors reached the lowest level in five years, investment on upgrades of existing units increased.
read more... 19/07/2018
Italian Snam forms new joint venture for Albania's gas pipelines
The Italian natural gas transmission system operator Snam and the Albanian gas infrastructure operator Albgaz signed an agreement to form a joint venture for the operation and maintenance of gas pipelines in Albania, the company announced on Monday.
read more... 14/06/2018
Daily (12.03.2018): WTI crude surged by 3.2% on Friday due to strong US jobs data
Oil prices increased on Friday recovering from two days of declines due to strong US jobs data and investors’ hopes that the scheduled meeting between U.S. President Trump and North Korea’s Kim Jong Un would reduce geopolitical tensions.
read more... 12/03/2018