Latest news

Daily (08.11.18): Carbon prices surged by 6% around the 19-euro levels on Wednesday in a strong auction

Record U.S. crude production and increased concerns of a global oversupply put pressure on oil prices on Wednesday. US sanctions against Iran failed to support the market, as waivers have been offered to 8 eight countries, including three of the world's major importers, allowing them to continue acquiring Iranian crude for six months.

read more... 08/11/2018

news

Lietuvos Energija finalises acquisition of 34-MW wind portfolio in Lithuania

Lithuania’s state-owned Lietuvos Energija has completed the acquisition of a 34-MW wind portfolio in Lithuania from domestic wind farm operator Stemma Group.

read more... 08/11/2018

news

PGNiG snaps more US LNG with Cheniere supply deal

Polish Oil and Gas Company (PGNiG) has signed a supply deal with Houston-based Cheniere for the delivery of more US LNG to the President Lech Kaczyński LNG Terminal in Świnoujście.

read more... 08/11/2018

news

US oil production is set to soar past 12 million barrels per day

Rising shale production is putting the United States on track to hit the 12 million bpd oil production mark sooner than previously forecast, the Energy Information Administration said in its November Short-Term Energy Outlook.

read more... 08/11/2018

news

Daily (07.11.2018): Oil prices fell on Tuesday, on worries over global demand and Iran sanctions waivers

Oil prices shed on Tuesday, as Iran stated it had been able to sell as much oil as it needed to sell, despite sanctions imposed a day earlier. On the other side, increased concerns over global oil demand amid trade war between the world’s biggest economies also put pressure on prices. Accordingly, Brent crude decreased by 1.4% to $72.13 a barrel, settling at 8-month lows. WTI crude was at $62.21 a barrel, losing 1.4% comparing to its previous settlement.

read more... 07/11/2018

news