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Daily (21.02.2017): Oil prices rise in thin trade despite rising number of U.S. wells
Crude oil prices edged higher on Monday, as investors were optimistic about the effectiveness of producer cuts spurred record bets on a sustained rally. However, the gains were limited due to growing U.S. output and high volume of stockpiles.
read more... 21/02/2017
Rosneft begins drilling first exploration well in Iraq
Rosneft Group’s firm began drilling the first exploration well of Iraqi Block 12, as reported by the oil producer Monday.
read more... 20/02/2017
Enbridge purchases 49.9% stake, as confirmed by contractors for 497MW project
Developer EnBW has given the approval to construct the 497MW Hohe See offshore wind farm in the German North Sea.
read more... 20/02/2017
Daily (20.02.2017): Brent crude posts a 1.6 % weekly loss in a cautious market
Crude oil prices barely changed on Friday, caught between larger-than-anticipated U.S. crude inventories and reports that OPEC members may opt to extend by six-month an agreement to cut production.
read more... 20/02/2017
EU finances compressed air energy storage project in Northern Ireland
EU member states have authorized a €90 million grant for a compressed air energy storage project in Larne in Northern Ireland.
read more... 20/02/2017