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Electric vehicles could lift UK peak power demand by 5-8 gigawatts by 2030: National Grid

The growing use of electric vehicles could increase peak electricity demand in Britain by between 5 and 8 gigawatts (GW) by 2030, National Grid said on Thursday.

read more... 12/07/2018

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Gazprom, Uzbekneftegaz discuss Shakhpakhty gas field production

Russian gas monopoly Gazprom and national holding company Uzbekneftegaz have discussed the bilateral cooperation between the companies, focusing on the joint development of the Shakhpakhty field in the former Soviet republic.

read more... 12/07/2018

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Siemens Gamesa to supply 250 MW wind power to S. Africa

Siemens Gamesa Renewable Energy will supply two onshore wind farms in South Africa with 109 turbines with a combined capacity of 250 megawatts (MW), the company announced Wednesday.

read more... 12/07/2018

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Daily(11.07.2018): European carbon prices slightly rose on Tuesday, on bullish trend of power prices

Oil prices rose on Tuesday, supported by a higher-than-expected U.S. stock draw and supply worries in Norway and Libya. Brent crude increased by 1% to $78.86 a barrel. WTI crude edged 0.4% higher at $74.11 a barrel, following Mike Pompeo’s comments on exceptional waivers over Iranian sanctions.

read more... 11/07/2018

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Russia extends Kharyaga oil field PSA with Total to 2031

The Russian government is extending a production sharing agreement with France's Total for development of the Kharyaga oil field by 13 years to the end of 2031, in the latest sign that many Western majors' operations in Russia are continuing despite sanctions on the oil sector.

read more... 11/07/2018

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