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Daily (15.07.2019): NBP spot surged by 4.7% on Friday, due to rising gas-for-power demand ahead of an expected 3-day hot spell
Crude oil prices slightly rose on Friday, after a tropical storm in the Gulf of Mexico caused disruptions in the local production, while tensions between Iran and the West continued to mount. Consequently, Brent crude traded 0.3% higher at $66.72 a barrel. However, forecasts for a global oil supply glut from the International Energy Agency and OPEC limited the gains, with WTI futures remaining almost flat at $60.21 a barrel.
read more... 15/07/2019
Masdar, Armenia sign MoU for 500 MW of wind, solar capacity
Armenian National Interests Fund (ANIF) on Friday signed a memorandum of understanding (MOU) with Abu Dhabi Future Energy Company, better known as Masdar, for the development of 500 MW of renewable energy capacity.
read more... 15/07/2019
Equinor to collaborate with OMV on Norwegian Sea projects
Norwegian giant Equinor has signed two memorandums of understandings (MoU) with Austrian integrated oil and gas company OMV to collaborate on the Hades/Iris discovery and the Wisting development in the Norwegian Continental Shelf.
read more... 28/06/2019
Novatek to Launch its Third LNG in 2022
On May 21, Novatek announced that its third major LNG plant in the Yamal-Nenets Autonomous District will be launched in 2022. The final investment decision is to be reached later this year.
read more... 27/05/2019
Novatek Signs LNG MoU with Vietnam
Novatek announced signing a Memorandum of Understanding with the Ninh Thuan Provincial People’s Committee to develop an integrated energy-generating project with the use of liquefied natural gas in Vietnam.
read more... 24/05/2019