Latest news
Daily (04.08.2020): Oil prices added near 2% on Monday amid upbeat economic data
Crude oil futures ended higher on Monday after a session start in the red as the rise in production from OPEC+ members came into effect, adding to the virus woes. However, oil prices got a boost from positive manufacturing and industrial data across the United States, Europe, and Asia. Hence, Brent crude soared by 63 cents, or 1.5%, to settle at $44.15 a barrel. U.S. WTI crude rose by 74 cents, or 1.8%, to end at $41.01 a barrel.
read more... 04/08/2020
Gulf Energy buys German wind farm
Gulf Energy Development has acquired Germany's Borkum Riffgrund 2 (BKR2) offshore wind farm, worth more than 19 billion baht, in a move to expand its renewable energy business in Asia and Europe this year.
read more... 08/07/2020
Vattenfall awards turbine maintenance contracts to companies in UK and Denmark
Total Solar Distributed Generation (DG) plans to grow its portfolio of operating solar energy assets in the Asia Pacific region by around 60MW in 2020.
read more... 20/05/2020
.png)
Daily (06.05.2020): U.S. WTI crude rallied by 20.5% on Tuesday amid hopes of improving demand
Crude oil futures continued to gain ground on Tuesday as some European and Asian countries along with several U.S. states started to ease coronavirus-related lockdown measures, increasing optimism for a bounce in fuel consumption.
read more... 06/05/2020
European gas prices set to slump
Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is taking these in, filling up its storage space. Now, everyone seems to be wondering when prices will bottom out, if they will bottom out at all.
read more... 19/02/2020