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Sweden to reach renewables target 12 years early on wind surge

Swedish utilities and power generators have already installed so many wind turbines that the Nordic nation is on course to reach its 2030 renewable energy target late this year.

read more... 05/07/2018

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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

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EBRD approves 500 million euro TAP loan in boost for developers

A major European development bank has approved a loan for construction of the Trans-Adriatic Pipeline (TAP) on Wednesday, in a boost for the developers of the 4.5 billion euro (3.97 billion pounds) gas project.

read more... 05/07/2018

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Daily (04.07.2018): German day-ahead electricity price gained almost 7% on Tuesday due to lower wind generation

Oil prices rose slightly on Tuesday, due to imminent U.S. sanctions against Iran and an outage at Syncrude Canada facility that reduced crude supplies. Brent crude soared by 0.6% to $77.76 a barrel. WTI crude edged 0.3% higher at $74.14 a barrel, reaching a new peak since the end of 2014.

read more... 04/07/2018

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Gazprom boosts natural gas production to solidify top position in Europe

Russia’s top gas producer Gazprom is ramping up production to increase exports abroad and continue to be Europe’s largest supplier.

read more... 04/07/2018

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