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Oil giant Total to be leading Spanish solar player after 2GW of deals

Oil and gas group announces tie-ups with local developers in market that's among the world's fastest growing

read more... 11/02/2020

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Russian oil & gas firms plan to invest $20 BILLION in Iraq’s energy industry

Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee at the Russian Federation Council, has announced. The companies may spend up to $20 billion on oil projects in Iraq, Fyodorov said at a meeting with Iraqi Ambassador to Russia Abdul-Rahman Al-Husseini, according to Russian media.

read more... 11/02/2020

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UK sets new wind power record amid winter storm

Winter storm Ciara has helped the UK set a new wind power generation record last Saturday, when the renewable energy covered 56% of the country’s electricity demand, Kallanish Energy reports.

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Daily (11.02.2020): Oil prices at their lowest levels in 13 months on Monday as OPEC hesitates to cut more output

Oil futures collapsed to their lowest levels in more than a year on Monday amid signs that OPEC and its allies are unlikely to convoke an emergency meeting to cut additional production of black gold.

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Daily (10.02.2020): European spot power prices plummeted on Friday on strong wind output, weaker demand

Crude oil prices ended on a sour note on Friday, posting a fifth consecutive week of losses, after Moscow declared it needed more time mulling over deeper production cuts proposed by OPEC to deal with a sluggish energy demand.

read more... 10/02/2020

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