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Daily: Crude oil settled up on worries about Iran, geopolitical risks in Yemen
Crude oil futures boosted on Monday, but settled well below intraday highs, spurred by worries about Iran and geopolitical risks in Yemen, while global oversupply continued to slash gains. Brent crude for May jumped 6 cents to close at $57.93 a barrel, having oscillated between $57.46 and $59.54. U.S. crude boosted 27 cents to settle at $51.91, away of its $53.10 peak just below its 100-day moving average at $53.18. It was last above that key technical level in July 2014.
read more... 14/04/2015
Daily: British spot gas prices soar on supply shortfalls from Norway
Crude oil prices boosted on Thursday on optimistic German economic figures and continued uncertainty about an agreement on Iran’s nuclear program, despite a stronger dollar which slashed crude oil’s hike. Brent crude for May delivery increased by $1.02 to settle at $56.57 a barrel, having hit $58.02. U.S. crude for May delivery rebounded 37 cents to close at $50.79, after reaching $52.07. WTI crude's Tuesday close traded near $54, the highest level December 30.
read more... 10/04/2015
Siem wins contract for €100 million Veja Mate lines
Siem Offshore Contractors has been awarded with a €100 million deal for turnkey supply and installation of the inter-array cabling system at the 400MW Veja Mate offshore wind farm in the German North Sea.
read more... 09/04/2015
Acciona will construct 100MW Kathu
A conglomerate of Acciona and Sener has obtained a contract for turnkey supply of the 100MW Kathu solar thermal plant in Northern Cape.
read more... 08/04/2015
Daily: British prompt gas prices decline on stronger flows, a supply glut in the system
Crude oil closed down for a second consecutive session on Monday as Iran and six world powers accelerated the pace of negotiations to reach a nuclear deal with Tehran that could ease Western sanctions and allow OPEC member to carry crude into an already flooded market. Benchmark Brent oil declined 12 cents to settle at $56.29 a barrel, after slipping $1.21 earlier. WTI crude dropped 19 cents to settle at $48.68, having fallen by $1.26 earlier.
read more... 31/03/2015