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Daily (01.10.2018): Brent oil jumped to a four-year high on Friday anticipating Iran sanctions
Oil prices earned more than $1 a barrel on Friday, reaching a new four-year high, as U.S. sanctions against Iranian exports tightened global supply. Even if other main exporters such as Saudi Arabia pumped more oil, Brent crude edged 1.2% higher at $82.72 a barrel. Meanwhile, WTI crude surged by 1.6% to $73.25 a barrel, supported by a report on a stagnant rig count in the U.S.
read more... 01/10/2018
Savannah makes oil discovery at Kunama-1 exploration well in Niger
The oil find at the Kunama-1 well, which was drilled by the GW 215 Rig to a total measured depth of 2,460m, marks the firm’s third consecutive discovery in its maiden exploration campaign in the R3 portion of the R3/R4 PSC Area in ARB.
read more... 13/07/2018
Siemens Gamesa to install 92 wind turbines in Spain
Siemens Gamesa, Spain's leading wind turbine original equipment manufacturer (OEM), further strengthened its position in the market with 92 orders for the supply of 289 megawatts (MW) of wind turbines to five different customers, the company announced Monday.
read more... 10/07/2018
Equinor to buy Barra's 10% stake in Brazil's Carcara
Barra Energia CEO Renato Bertani (left), and Anders Opedal, Equinor Brazil country manager (right). Photo courtesy of Equinor.
read more... 05/07/2018
Daily (22.06.2018): Brent crude slumped by 2.3% on Thursday on expectations for higher supply
Brent crude dropped by 2.3% to $73.05 a barrel on Thursday, right before the OPEC meeting which is aimed at raising oil output. The news about a higher-than-expected stockpile draw in the U.S. put pressure on WTI crude price, which settled 0.3% lower at $65.54 a barrel.
read more... 22/06/2018