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Daily (21.11.2019): The 3.3% hike in WTI crude due to a lower-than-predicted growth in U.S crude inventories lent support to the entire energy complex

Oil prices increased on Wednesday following a report indicating that U.S crude inventories rose lower than expected. Moreover, Russia promised to continue its cooperation with OPEC to maintain a balanced oil market. Brent crude jumped by 2.5% to $62.40 a barrel. WTI crude climbed by 3.3% to $57.01 a barrel.

read more... 21/11/2019

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S. Arabia and Russia to boost energy cooperation

Saudi Arabia and Russia are set to form a new alliance for investments in energy and infrastructure, according to Russia's Energy Minister Alexander Novak on Monday.

read more... 15/10/2019

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Azerbaijani gas supplies to Turkey increase significantly

According to AzerNews, Azerbaijan and Turkey continue to expand their economic and trade cooperation. The figures for Azerbaijani exports to Turkey show noticeable growth and this strengthens ties between the 2 states.

read more... 02/08/2019

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SolTech Energy agrees to add 500 MW of solar in China over 5 years

SolTech Energy Sweden AB has entered into a cooperation agreement that calls for the company to build solar power plants with a combined capacity of 500 MW in China’s Jiangsu Province over a period of five years.

read more... 28/03/2019

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Gazprom, Moldova’s President reviews ongoing and future cooperation in gas sector

A meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Igor Dodon, President of the Republic of Moldova, took place in Moscow.

read more... 31/01/2019

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