Latest news
Daily (13.12.2017): European power prices hit contract peaks on Tuesday, after a blast at an Austrian gas hub
Oil prices declined sharply on Tuesday, as traders took profits after prices increased tto a two-year peak on an unscheduled closure of the pipeline that carries the largest North Sea crude oil grade. Brent crude settled down $1.35, or 2.1 percent, at $63.34 a barrel. U.S. crude ended at $57.14 a barrel, or 1.5 percent lower.
read more... 13/12/2017
Daily (23.11.2017): Oil prices hit a two-year peak on Wednesday
Oil prices hit a two-year peak on Wednesday after the closure of one of the largest crude pipelines from Canada reduced supply to the United States.
read more... 23/11/2017
Libyan Sharara oil field shuts down gradually after closure of a control room in Zawiya
Sharara oil field in Lybia, which had a production of 270,000 barrels a day (bpd), is gradually closing after the closure of a control room in the northern city of Zawiya, as stated by an engineer at the field late on Sunday.
read more... 07/08/2017
Coal mining companies risk $16 billion due to climate change
A new study from the Carbon Disclosure Project (CDP) concluded that major coal mining companies find themselves at risk of losing $16 billion (£12.3bn) due to climate change.
read more... 24/07/2017
Daily (11.04.2017): UK prompt gas bearish amid an oversupplied system
Crude oil prices soared on Monday, buoyed by another closure at Libya’s largest oil field over the weekend and aftermath U.S. missile strike in Syria.
read more... 11/04/2017