Latest news
Iran Planning to Build LNG Park with 3m-Tonne Capacity: Minister
Iranian Oil Minister Bijan Namdar Zanganeh said the country plans to construct an LNG park with an annual capacity to produce three million tons of liquefied natural gas.
read more... 07/10/2019
Vestas unveils 1,316 MW of US orders
In the last day of September Denmark’s Vestas Wind Systems A/S announced five wind turbine supply contracts in the US for a total capacity of 1,316 MW.
read more... 02/10/2019
Latin America pledges to hit 70% renewables by 2030
Latin America has pledged to make sure 70% of its energy capacity is provided by renewable sources by 2030.
read more... 30/09/2019
Construction on 6 GW wind power project kicks off in north China
Construction on a wind power project with a power generating capacity of 6 GW began Thursday in north China's Inner Mongolia Autonomous Region.
read more... 27/09/2019
Daily (20.09.2019): NBP spot fell by nearly 3% on Thursday, as low wind and reduced French power output boosted gas-for-power demand
Crude oil prices turned bullish on Thursday, as traders started to doubt whether Saudi Arabia will be able to fulfill its pledge to restore lost production by September 30 and its capacity by November 30 after last weekend’s attack. Geopolitical risks were the main driver in the price rise, as the market await further reactions from Saudi Arabia and the U.S., which strive at building a peaceful coalition rather than engaging in a military action. A weaker U.S. dollar also supported prices. Brent crude rose by 1.3% to 64.40 USD/bbl, while WTI futures were rather steady at 58.13 USD/bbl.
read more... 20/09/2019