Latest news
Daily (10.09.2018): Carbon contracts posted a 10% weekly gain on Friday
Friday saw a steady evolution in oil prices, with U.S. crude dropping on weak global equity markets, while Brent saw an upward trend due to geopolitical factors, including violent protests in the southern Iraqi city of Basra. Brent crude price rose by 0.4% to close at $76.83 a barrel, resulting in a 0.8% decrease for the week. In spite of the fact that Iraqi protesters entered a 400,000 barrel per day oilfield facility operated by Lukoil and held two staff members hostage, WTI crude insignificantly slipped to trade at $67.75 a barrel.
read more... 10/09/2018
Sweden's Vattenfall targets German electric vehicle sector
Swedish power utility Vattenfall is making a push into the German market for electric vehicle (EV) services and is in talks with carmakers to further its efforts to secure a place among the leading players.
read more... 10/09/2018
Equinor gets NPD approval to begin production at Aasta Hansteen gas field
Equinor and its partners have secured approval from the Norwegian Petroleum Directorate (NPD) for the start-up of the production facility at the Aasta Hansteen gas field.
read more... 04/09/2018
Daily (28.08.2018): Europe power prices on the curve hit new peaks on Monday, following bullish carbon markets
Worries that ongoing trade tensions between China and U.S. would lead to a demand reduction, boosted oil prices on Monday. Nevertheless, a rise in OPEC's and Russian output put a cap on prices. Brent crude oil edged 0.5% higher to settle at $76.21 a barrel. WTI crude closed at $68.87 a barrel, or 0.2% higher.
read more... 28/08/2018
UK's Petrofac sells North Sea assets for $292 million
British oilfield services provider Petrofac Ltd has agreed to sell its 20 percent interest in the Greater Stella Area of the North Sea to oil and gas operator Ithaca Energy in a deal worth up to $292 million.
read more... 27/08/2018