Latest news
Daily (24.08.2020): NBP spot tumbled by 7% on Friday as strong wind weighed on gas-for-power demand.
Oil prices declined on Friday amid concerns over the second wave of the Covid-19 that could dent fuel demand. However, better than expected data for US housing and manufacturing indicators limited the losses. As a result, Brent crude fell 1.2% to settle at $44.35 a barrel. Similarly, WTI futures lost 1.1% to end at $42.34 a barrel
read more... 24/08/2020
Enel Romania's E-Distributie to invest over 483 mln lei (100 mln euro) in 2020
E-Distributie, part of the Romanian arm of Italian energy group Enel, said on Friday it plans to invest 483 million lei ($118 million/100 million euro) in 2020, mainly in network upgrades.
read more... 24/08/2020
Motor Oil buys 40-MW wind farm in Greece
Greek petroleum refiner Motor Oil Hellas (FRA:MHZ) has acquired a wind farm with 40 MW of licenced capacity in northern continental Greece.
read more... 24/08/2020
Total wins seabed rights for 96MW floating wind project off Wales
Blue Gem Wind, a joint venture between the oil giant and Simple Blue Energy, plans to install a 96MW project in the Welsh waters of the Celtic Sea, 44 kilometres from shore
read more... 24/08/2020
Daily (21.08.2020): UK gas prices posted strong weekly gains due to higher LNG and U.S. gas prices
Crude oil futures lost ground on Thursday, pressured by downbeat comments from the U.S. Fed and OPEC+ on the demand outlook due to the coronavirus, while U.S. unemployment claims unexpectedly rose last week. Hence, Brent crude fell by 47 cents, or 1%, to settle at $44.90 a barrel. At the same time, U.S. WTI crude ended the session 11 cents, or 0.3%, lower at $42.82 a barrel.
read more... 21/08/2020