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Daily (17.03.2020): The EUAs below the €20-mark for the first time in over a year due to a sell-off in financial markets

Crude oil futures decreased sharply on Monday as the coronavirus pandemic continued to play havoc across the energy complex, forcing countries to go into lockdown. Furthermore, top oil producers announced their intention to flood the black gold markets after their ally, Russia, refused on March 6 to further limit the oil production to prop up prices.

read more... 17/03/2020

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Norway’s February gas output up, sales down

Norway’s natural gas production increased slightly in February, roughly meeting the government’s forecast for the month, Kallanish Energy learns from the Norwegian Petroleum Directorate (NPD).

read more... 17/03/2020

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Wave and tidal stream 'delivers 45GWh in 2019'

Global wave and tidal stream energy production has risen tenfold over the last decade, according to a report by Ocean Energy Systems (OES).

read more... 17/03/2020

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Daily (12.03.2020): British gas prices mostly bullish due to a stronger consumption, lower LNG send-out

Crude oil futures fell on Wednesday as Saudi Arabia and the United Arab Emirates have announced their intention to drastically increase their production of black gold at a time when demand is weakened by the spread of the coronavirus worldwide. Meanwhile, the World Health Organization declared the coronavirus an international pandemic.

read more... 12/03/2020

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Daily (05.03.2020): Brent down 1.4% on Wednesday as Russia resists to OPEC calls for drastic oil cuts

Crude oil futures fell on Wednesday after Russia opposed Saudi Arabia’s plans requesting OPEC+ deeper oil production cuts in order to offset an eroding demand due to the coronavirus outbreak.

read more... 05/03/2020

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