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RWE launches research into the salty storage of green electricity

The project could see underground caverns store several GWh of electricity from renewable sources

read more... 02/10/2020

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Russia’s InterRAO to invest $580m in gas turbine venture with GE

Russian energy holding company InterRAO reportedly plans to invest $580m (RUR45bn) in a gas turbine joint venture with General Electric.

read more... 02/10/2020

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Coal India sees fastest growth in output, sales for six years in Sept

State-run Coal India accounts for over 80 per cent of the country's production and is the world's largest coal miner by output

read more... 02/10/2020

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Daily (01.10.2020): UK forward gas prices fell by over 2% on Wednesday, amid rising Norwegian flows and weaker oil prices

Crude oil prices were almost flat on Wednesday on US financial stimulus hopes, and as global fuel demand concerns are still present amidst the coronavirus pandemics.  As a result, the price for Brent crude decreased by 0.2% to $40.95 a barrel. Meanwhile, WTI futures added 2.4% closing at $40.22 due to an expected drop in US crude inventories.

read more... 01/10/2020

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ExxonMobil focused on core oil and gas as renewable returns too weak: official

ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to hydrocarbons, a top official at the US oil giant said Sept. 30.

read more... 01/10/2020

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