Crude oil prices had another bearish day, after Donald Trump denied the possibility on an interim U.S.-China trade deal. Comments by OPEC+ alliance that deeper cuts would not be decided before a meeting in December and ECB’s decision to cut its deposit rate also weighed on prices. Hence, Brent crude dropped by 0.7% to close at $60.38 a barrel, while WTI futures lost 1.2% to settle at $55.09 a barrel.
read more... 13/09/2019
Danish offshore driller Maersk Drilling and Seapulse have signed a master alliance agreement under which Maersk Drilling will provide fully integrated services for a global offshore oil & gas exploration drilling program of 12 wells.
read more... 05/12/2018
GFG Alliance subsidiary Simec Zen Energy has unveiled details about a $1bn, 1GW clean energy portfolio to be built in Whyalla, South Australia including the 280MW Cultana solar PV project.
read more... 15/08/2018
Swedish state-owned company Vattenfall has created an alliance to bid in an offshore wind tender held in France.
read more... 09/03/2018
A business alliance inked a hydropower agreement as part of its new objective to produce 1GW of renewable electricity by 2020.
read more... 06/12/2017