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Daily (10.10.2018): German day-ahead power price declined by more than 13% on Tuesday due to high wind output
Global oil prices rose slightly on Tuesday, on signs of falling crude Iranian exports, before the imposition of a new round of U.S. sanctions. Furthermore, a partial shutdown in production in the Gulf of Mexico, ahead of Hurricane Michael heading towards eastern states sustained the upward trend in prices. WTI crude oil price, the U.S. benchmark contract, gained 67 cents on Tuesday, representing a 0.9% increase, and traded at $74.96 a barrel. Meanwhile, the international benchmark Brent crude oil futures rose by 1.3% to trade at $85.00 a barrel.
read more... 10/10/2018
Daily (09.10.2018): UK gas prices tumbled on Monday, on warmer weather and reduced gas-for-power demand due to higher wind generation
Global oil prices edged slightly down on Monday, following Washington’s declaration that it could grant waivers to sanctions against Iran's oil exports in November, and as Saudi Arabia is likely to partly substitute shortfalls from Iran. Brent crude was 0.3% down at $83.91 a barrel, but losses were limited by a hurricane moving across the Gulf of Mexico and forecasts for a further decline in Iranian exports. U.S. West Texas Intermediate futures slipped by only 0.1% on Monday, to trade at $75.29 a barrel. Meanwhile, Brent crude oil futures ended 0.3% down at $83.91 a barrel.
read more... 09/10/2018
Acciona begins operations at 183MW wind farm in Mexico
Spanish infrastructure development company Acciona has begun operations of its 183MW El Cortijo wind farm in Mexico.
read more... 14/06/2018
Danish Vestas secures 306MW order for Mexican wind park
Danish wind energy company Vestas on Friday said it received a 306-megawatt (MW) order from EnerAB, a U.S.-Mexican joint venture, to supply and install 85 3.45 MW turbines at the Mesa La Paz wind park in Mexico's Tamaulipas state.
read more... 04/06/2018
Shell starts production in Kaikias field one year ahead of schedule
Royal Dutch Shell has announced that it will be starting production at the Kaikias field in the Gulf of Mexico a year ahead of the planned start.
read more... 01/06/2018