Latest news
450 MW offshore wind park to be built in Adriatic Sea
Italy-based energy services company Saipem has announced plans to build one of the first wind farms in the Adriatic Sea in cooperation with two other domestic firms. The offshore wind power plant, described as the biggest in Italy, will have an installed capacity of about 450 MW.
read more... 27/08/2020
Germany and Ukraine seal energy partnership
Berlin will support Eastern European country to modernise electricity system and expand renewables
read more... 27/08/2020
Calon Energy’s UK gas plants put in ‘dormant state’ by administrators
That includes the 850MW Severn Power and 850MW Sutton Bridge gas plants.
read more... 27/08/2020
Daily (27.08.2020): British forward gas prices hit multi-month high on Wednesday amid higher CO2 and U.S. gas prices
Crude oil prices ended on a mixed note on Wednesday, with Brent crude for October delivery declining slightly by 22 cents, or 0.5%, to settle at $45.64 a barrel on ICE Futures Europe. At the same time, U.S. WTI crude steadied at $43.39 a barrel, but held ground as U.S. producers shut output in the Gulf of Mexico ahead of Hurricane Laura. However, declining U.S. stockpiles triggered a further rise in WTI crude price.
read more... 27/08/2020
Daily (26.08.2020): Oil prices at the highest levels since early March on Tuesday amid supply disruptions in the Gulf of Mexico ahead of hurricane
Oil prices surged to their highest level since early March on Tuesday as Storm Laura, which turned into a hurricane, disrupted platform activity and threatened refineries in the Gulf of Mexico area. However, rising coronavirus cases in Asia and Europe limited gains. Hence, Brent crude soared by 73 cents, or 1.6%, to settle at $45.86 a barrel. At the same time, U.S. WTI crude rallied by 73 cents, or 1.7%, to close at $43.35.
read more... 26/08/2020