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BP sanctions Thunder Horse South expansion phase 2 project
Oil and gas giant BP said that it will move ahead with the Thunder Horse South expansion phase 2 project in the US Gulf of Mexico to draw an additional 50,000 gross barrels of oil equivalent per day (boe/d) from the Thunder Horse oil field.
read more... 08/05/2019
Acciona completes installation of PV panels at 404MW solar plant in Mexico
Acciona Energía has completed installation of solar panels at the 404.57MW Puerto Libertad plant located in the Sonora desert in Mexico.
read more... 11/01/2019
BP approves $1.3bn expansion of Atlantis oil field in Gulf of Mexico
BP has approved the $1.3bn phase 3 development of the Atlantis oil field located in deepwater Gulf of Mexico, offshore US.
read more... 09/01/2019
Daily (15.10.2018): The German spot power price fell by almost 21% on Friday, due to stronger wind generation and lower demand
Oil prices were slightly higher of Friday, as the impact of the Hurricane Michael left several platforms in the Gulf of Mexico inactive, contributing to a drop in the U.S. crude production. Consequently, Brent crude closed 0.2% up at $80.43 a barrel.
read more... 15/10/2018
Daily (11.10.2018): WTI crude dropped by 2.4% on Wednesday as forecasts for lower economic growth curbed the demand for oil
Oil crude prices slipped on Wednesday as the International Monetary Fund (IMF) mitigated its global growth projections in its latest World Economic Outlook report, reducing the demand for oil. However, the losses were capped as Hurricane Michael led to the shutdown of roughly 40% of Gulf of Mexico’s crude oil production. Brent crude closed at $83.09 a barrel, representing a 2.3% loss. WTI crude tumbled by 2.4% to settle at $73.17 a barrel.
read more... 11/10/2018