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Daily (22.01.2020): Brent crude down 1% on Tuesday as robust global supply reduced fears of Libyan output cuts

Crude oil prices drew back on Tuesday as robust supply worldwide counterweighed reports indicating that Libyan output would decline.

read more... 22/01/2020

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Romania awards contract for Cernavoda extension

Candu Energy, a member of Canada's SNC-Lavalin Group, has won a USD10.8 million contract from Societatea Nationala Nuclearelectrica (SNN) for engineering analyses and assessments on unit 1 of the Cernavoda nuclear power plant in Romania. The work aims to extend the operation of the unit by an additional 35,000 hours.

read more... 22/01/2020

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Consultancy probes Irish Sea for offshore wind

Gavin and Doherty Geosolutions will provide geotech analysis to inform foundation options

read more... 22/01/2020

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Rosneft increases its share in Bayernoil refinery

Rosneft Deutschland, a subsidiary of Russian oil giant, has completed the deal to acquire a 3.57% stake in Bayernoil Raffineriegesellschaft from British BP, Rosneft said on 17 January, adding that as result of this deal, Rosneft increased its shareholding to 28.57% from 25%.

read more... 22/01/2020

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Daily (21.01.2020): Crude oil hits the highest level in a week due to supply disruption in Libya

Crude oil prices climbed to their highest level in more than a week on Monday, due to a halt in the crude production at two large Libyan oilfields after forces loyal to commander Khalifa Haftar closed a pipeline, bringing back the focus on supply risks.

read more... 21/01/2020

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