Dutch energy and chemical storage specialist VTTI will hold an open season early next year to auction off capacity rights to a 5bcm floating LNG terminal it plans to open in the Netherlands in early 2024.
read more... 14/12/2022
Oil prices were volatile on Tuesday, due to uncertainty about the level of a price cap on Russian oil. Consequently, Brent crude slipped 0.1% to $83.03 a barrel. However, WTI oil traded 1.2% higher at $78.20 a barrel amid rising demand and decreasing crude oil inventories in key consuming nations.
read more... 30/11/2022
Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW), Environment Minister Duarte Cordeiro said on Wednesday, aiming to "move faster" on the country's energy transition.
read more... 22/09/2022
Crude oil prices rebounded on Monday amid growing supply worries as winter approaches. However, the overall global economic concerns about a recession continue to limit the uptrend. Brent crude futures increased by $1.16, or 1.3%, to settle at $94.00 a barrel. U.S. WTI crude rose by 99 cents, or 1.1%, to close at $87.78 a barrel.
read more... 13/09/2022
Crude oil prices rebounded on Wednesday as concerns over rising Russian output and exports as well as recession fears were outweighed by a steeper-than-expected drawdown in U.S. crude stocks. Hence, Brent crude rose by $1.31, or 1.4%, to settle at $93.65 per barrel. U.S. WTI crude increased by $1.58, or 1.8%, to close at $88.11 per barrel.
read more... 18/08/2022