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Equinor leads clean hydrogen plus CCS project in UK

Norwegian state-controlled energy company Equinor ASA last week announced it is leading a project in the UK that combines hydrogen production and carbon capture and storage (CCS).

read more... 07/07/2020

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Poland's May coal output and sales fall to lowest on record

Poland generates almost 80 per cent of its electricty from coal but the industry is facing financial problems due to falling demand and rising production costs

read more... 02/07/2020

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Daily (22.06.2020): The German Cal'21 power price reached 40€ on Friday for the first time since March amid stronger oil and coal prices

Crude oil futures gained ground on Friday amid encouraging signs of demand recovery as OPEC and its allies are fully committed to cut production. Hence, Brent crude for August delivery rose by 68 cents, or 1.6%, to settle a barrel at $42.19 a barrel. At the same time, U.S. WTI crude for July delivery soared by 91 cents, or 2.3%, to end $39.75 a barrel. For the week, Brent crude rallied by 8.9%, while WTI jumped by 9.6%.

read more... 22/06/2020

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Daily (16.06.2020): NBP spot jumped by 6% on Monday amid weaker LNG supply and wind power generation

Crude oil futures turned bullish on Monday as signs of improving demand due to OPEC+ production cut agreement offset concerns that a resurgence of the virus could weigh on the global economy. Hence, Brent crude for August delivery soared by 99 cents, or 2.6%, to settle at $39.72 a barrel. At the same time, U.S. WTI crude for July delivery rose by 86 cents, or 2.4%, to end at $37.12 a barrel.

read more... 16/06/2020

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Enel wants coal exit quickly and its hydrogen 100% green, exec says

Italian energy giant Enel SpA (BIT:ENEL) is accelerating its plans to decarbonise its global power production, exit coal and make way for more wind, solar and a hydrogen venture, which could come to life in 2021 at the latest.

read more... 15/06/2020

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