Latest news
Saudis To Boost Oil Pipeline Capacity To Bypass Strait of Hormuz
Saudi Arabia is looking to raise the capacity of its east-west oil pipeline to 7 million bpd in two years from the current 5 million bpd, the Kingdom’s energy minister Khalid al-Falih told Reuters on Thursday.
read more... 26/07/2019
EDF could shut power output at Golfech nuclear plant due to hot weather
French utility EDF could shut down production at its 2,600 megawatt capacity Golfech nuclear power plant in the south of France from Tuesday July 23, due to the high temperature forecast on the Garonne river.
read more... 22/07/2019
Masdar, Armenia sign MoU for 500 MW of wind, solar capacity
Armenian National Interests Fund (ANIF) on Friday signed a memorandum of understanding (MOU) with Abu Dhabi Future Energy Company, better known as Masdar, for the development of 500 MW of renewable energy capacity.
read more... 15/07/2019
Turkey's installed power capacity up 58% in 5 months
Turkey's installed power capacity increased by 58% in the January-May period of 2019, compared to the same period last year, according to calculations made by Anadolu Agency on Thursday.
read more... 12/07/2019
Daily (09.07.2019): European spot power prices rose by over 20% on Monday, due to low wind supply and tight nuclear capacity
Crude oil prices steadied on Monday as Iran’s nuclear program offset worries about global oil demand growth. As a result, Brent crude dropped by 0.2% to $64.11 a barrel, while WTI futures added 0.3% to settle at $57.66 a barrel.
read more... 09/07/2019