Latest news
Bulgaria invites investment in Belene project
Bulgaria's National Electricity Company (NEK) yesterday announced a call for selection of a strategic investor for the construction of Belene nuclear power plant on the Danube River near the Romanian border. The call also allows for expressions of interest to acquire a minority shareholding in the future project, as well as and/or to purchase electricity from the future power plant.
read more... 13/03/2019
Aker Energy announces successful drilling results offshore Ghana
Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) Block, announces that it encountered oil in the Pecan South-1A well, offshore Ghana. A sidetrack will now be drilled to further appraise the volume potential.
read more... 05/03/2019
Equinor spuds Verbier appraisal well
Equinor has started drilling operations on Verbier appraisal well in the UK North Sea using the semi-submersible rig West Phoenix.
read more... 04/03/2019
Daily (22.02.2019): Carbon prices plummeted by over 8% due to bearish concerns
Oil prices edged slightly down on Thursday after EIA reported a record level of U.S. crude oil inventories and crude exports since the start of 2018, amid ongoing concerns about slower global economic growth. However, the losses were limited by OPEC’s output cuts, U.S. sanctions on Venezuelan and Iranian oil imports, as well as the advancing U.S.-China trade talks. Brent oil almost steadied at $67.07 a barrel, while WTI crude was 0.4% down at $56.96 a barrel.
read more... 22/02/2019
Daily (21.02.2019): Oil prices hit new peaks on Wednesday, due to OPEC-supply cuts and US sanctions against Iran and Venezuela
Oil prices firmed on Wednesday, supported by output cuts from OPEC, U.S. sanctions against Iran and Venezuela, as well as strong equity markets. However, the sluggish global economic outlook could further weigh on prices. As a result, Brent crude climbed by 1% to 67.08 USD/bbl, while WTI futures rose by 1.9% to 57.16 USD/bbl.
read more... 21/02/2019