Latest news
Global energy transition investment ‘hit $500bn mark in 2020’
Solar and wind received the lion’s share of renewable investments globally, according to a new report
read more... 21/01/2021
Western Companies Abandon Russia-Led Nord Stream 2 Project
The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are said to have abandoned links to the project for fear of sanctions.
read more... 21/01/2021
Energy majors re-route LNG supplies from Europe to Asia
Global energy majors including Royal Dutch Shell and Total are expected to benefit most from January’s gas price spike, beating rival trading houses and non-integrated producers thanks to their access to multiple sources of the fuel.
read more... 20/01/2021
Norway's NBT, Belgium's WV to build wind farms with 800 MW total capacity in Serbia
Norwegian utility-scale wind power developer NBT entered a partnership with Belgium-based WV International, former Windvision, to develop wind projects with a combined capacity of 800 MW in Serbia by 2026, the two companies said on Tuesday.
read more... 20/01/2021
Daily (20.01.2021): Energy prices rebounded on Tuesday amid bullish sentiment on the market
Oil prices gained momentum on Tuesday in line with a weakening dollar, boosted by the prospect of further economic support in the United States. Hence, Brent crude for March delivery rose by $1.15, or 2.1%, to settle at $55.90 a barrel. Meanwhile, U.S. WTI crude settled 62 cents, or 1.18%, higher at $52.98 per barrel.
read more... 20/01/2021