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Daily (18.07.2018): German spot power price dropped by almost 5% on Tuesday, on stronger wind generation and reduced demand

Oil prices increased on Tuesday, due to a decline in stocks and as two of four processing terminals in Venezuela are likely to close because of scheduled maintenance this month. Brent crude rose by 0.5% to $72.16 a barrel. However, WTI crude was almost steady at $68.08 a barrel.

read more... 18/07/2018

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Shell ramps up in Kitimat, raising Canada’s $30bn LNG hopes

A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell Plc and its partners are ready to go ahead with the nation’s largest infrastructure project: a C$40 billion ($30 billion) liquefied natural gas terminal that could at last unlock energy exports to Asia.

read more... 10/07/2018

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Baku-Tbilisi-Ceyhan pipeline carried nearly 3B barrels of oil to global markets over 12 years

Carrying Azerbaijan's oil extracted from the Caspian Sea to the international markets, the Baku-Tbilisi-Ceyhan (BTC) crude oil pipeline, which was dubbed as the energy project of the century at the time, has transferred nearly 3 billion barrels of crude oil from its offshore terminal in Ceyhan since 2006.

read more... 09/07/2018

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Everett LNG import terminal will be sold by Engie

A division of US-based energy firm Exelon has come to an agreement with France’s Engie on purchasing the Everett LNG import terminal in Everett, Massachusetts, on the US’ east coast.

read more... 05/04/2018

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Great Britain receives first shipment from Russia’s new LNG terminal

Russia delivered its first LNG shipment to UK from Yamal facility situated in the Arctic.

read more... 03/01/2018

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