Latest news

Daily (28.12.2018): NBP spot plunged by 7.8% on Thursday, due to an oversupplied system

Oil prices turned bearish again on Thursday, due to forecasts for weaker global economic growth and record production of crude, which weighed down on the market. Brent crude slumped by 4.2% to $52.16 a barrel. At the same time, the rise in U.S. stocks contributed to a 3.5% decline in WTI crude to $44.61 a barrel.

read more... 28/12/2018

news

Spain's power 40% renewable in 2018

The share of renewables in power generation in peninsular Spain this year is estimated at 40%, up from 33.7% in 2017, thanks to wind farms and increased output from hydropower plants (HPPs).

read more... 28/12/2018

news

Germany's First LNG Terminal Planned

Uniper SE and Mitsui O.S.K. Lines, Ltd. have reached an agreement on a project to install a Floating Storage and Regasification Unit (FSRU) at Uniper site in Wilhelmshaven, Germany.

read more... 28/12/2018

news

Russia retires Leningrad unit 1

Unit 1 of the Leningrad nuclear power plant has been withdrawn from service after 45 years of safe operation, Russian state nuclear corporation Rosatom has announced. It said the lead unit in the RBMK-1000 series was shut down at 11:30pm on 21 December.

read more... 28/12/2018

news

Daily (27.12.2018): Brent crude jumped by 8% on Wednesday due to OPEC efforts to cut output

Oil prices turned bullish on Wednesday, as OPEC strives to support the market by reducing output. Consequently, Brent crude surged by 7.9% to $54.47 a barrel, while WTI price soared by 8.7% to close at $46.22 a barrel.

read more... 27/12/2018

news