A local governor in Japan has approved plans from utility Tohoku Electric Power to restart one of its nuclear reactors that was damaged in the 2011 earthquake and the following tsunami, the same that caused the reactor meltdown at Fukushima.
read more... 13/11/2020
Crude prices edged higher on Wednesday, as hopes for a Covid-19 vaccine outweighed OPEC’s announcement to revise down its global oil demand outlook for 2020 and 2021. Hence, Brent oil ended 0.4% higher at $43.80 a barrel, while WTI crude saw a marginal increase of 0.2%, closing at $41.45 a barrel.
read more... 12/11/2020
MHI Vestas has now installed the first V164 9.5 MW wind turbine, the most powerful wind turbine in use at a floating wind power plant, at the installation harbour for the Kincardine floating offshore wind farm.
read more... 12/11/2020
Drilling activity in the UK oil and gas sector this year is set to slump to the lowest level since the 1970s, with lower activity expected to negatively impact production in 2021-22, and fears for the competitiveness of the overall North Sea basin, industry group Oil & Gas UK said Nov. 11.
read more... 12/11/2020
Vitol would get 1.8 million tons per annum (mtpa) of post-2022 LNG volumes and Total would get 0.75 mtpa of 2021 and 2022 LNG volumes
read more... 12/11/2020