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BP, Shell among bidders in $800 million Brazilian oil auction
BP Plc, Chevron Corp and Royal Dutch Shell Plc are among the companies that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks.
read more... 10/10/2019
Daily (13.08.2019): European carbon prices slumped by over 5% on Monday amid a weaker auction
Oil prices remained bullish on Monday, on expectations for deeper cuts of global oil supplies that might counterbalance the slowing growth of global crude demand driven by the U.S.-China trade dispute. Brent crude traded 0.1% up at $58.57 a barrel. At the same time, the ongoing tensions between the U.S. and Iran, along with a weakening dollar, pushed the WTI futures 0.8% higher at $54.93 a barrel.
read more... 13/08/2019
Iberdrola secures its first 149 MW of solar in Portugal
Spanish power utility Iberdrola SA confirmed Thursday it had been awarded 149 MW of solar photovoltaic (PV) capacity in Portugal’s recently completed solar auction.
read more... 09/08/2019
Greece completes second renewables auction
Greece has closed a second round of competitive bidding for solar and wind farms for around 330MW of capacity.
read more... 09/07/2019
Daily (05.07.2019): EU carbon prices dropped by around 1.8% on Thursday in a weaker auction
Crude oil prices declined in a thin trading due to a public holiday in the U.S. on Thursday, influenced by a smaller-than-anticipated drop in the U.S. crude inventories. Concerns of a scarce demand stoked by weaker U.S. factory orders and slower business growth in Europe also weighed on prices. However, this week’s decision on the extension of OPEC+ output cuts limited losses. Against that background, Brent crude lost 0.8% to settle at $63.30 a barrel, while WTI futures ended 0.9% lower at $56.80 a barrel.
read more... 05/07/2019