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Daily (25.11.2019): German spot power price down about 30% on Friday on lower consumption expectations
Crude oil prices retreated from two-month highs on Friday, dragged down by uncertainty over U.S.-China trade talks, shading expectations for an extension to production reductions by OPEC and its allies. Brent crude for January delivery lost 58 cents or 0.9% to settle at $63.39 per barrel, posting a slight gain for the week. The WTI crude fell by 1.4% to close at $57.77 per barrel.
read more... 25/11/2019
Turkey's Botas seeks 70 LNG cargoes for 2020-2023 delivery
Turkish state energy company Botas is looking to buy 70 cargoes of liquefied natural gas (LNG) for delivery over 2020-2023, two trade sources said on Tuesday.
read more... 30/10/2019
Romania's Transgaz, BSOG proceed with MGD gas delivery project
Romanian gas transmission company Transgaz and Black Sea Oil & Gas have signed an agreement to build a 24.37 km pipeline that will feed gas from Black Sea wells into the system, the economy ministry said on Friday.
read more... 03/09/2019
Daily (30.08.2019): WTI futures jumped by 1.7% on Thursday after two new pipelines opened in the Permian Basin
Crude oil prices rose on Thursday, backed by a deep decline in U.S. crude inventories. The opening of two new pipelines in the Permian Basin also added to demand at WTI delivery hub. At the same time, the approach of Hurricane Dorian toward Florida supported prices raising fears that U.S. crude producers may slow output. As a result, Brent crude hiked by 1% to $61.08, while WTI futures climbed by 1.7% to $56.71 a barrel.
read more... 30/08/2019
Engie pushes back outage of Belgian Tihange 1 nuclear reactor
Engie Electrabel, the Belgian subsidiary of French energy group Engie, has postponed the planned outage of one of its nuclear reactors due to a delay in the delivery of some required parts, a spokesman said on Tuesday.
read more... 17/07/2019