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EDF on course to build ‘world’s most powerful’ nuclear plant in India
French energy group EDF has announced it has submitted a binding offer to become the supplier of engineering studies and equipment for the construction of six reactors of a project that is claimed to become the world’s most powerful nuclear plant.
read more... 26/04/2021
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RIL, BP announce start of production from deepwater gas field in KG-D6
Reliance Industries Limited (RIL) and bp today announced the start of production from the Satellite Cluster gas field in KG-D6 block off the east coast.
read more... 26/04/2021
Daily (23.04.2021): Front-year European power prices at multi-year record highs as carbon topped 47 EUR/t on Thursday
Oil prices saw a neutral session on Thursday, but optimism about oil demand recovery amid easing European lockdowns offset a growing number of Covid-19 cases in major consumers such as India. Hence, Brent crude ended rather flat at $65.40 a barrel. Meanwhile, U.S. WTI crude steadied at $61.43 a barrel.
read more... 23/04/2021
China to cut coal use share below 56% in 2021
China aims to cut its coal use to below 56% of energy consumption in 2021, the National Energy Administration (NEA) said in a statement on Thursday, but said the fuel would still play a vital role in ensuring the nation’s energy security.
read more... 23/04/2021
New oil and gas discovery in the Norwegian Sea
Recoverable resources so far have been estimated at between three million and 4.2m standard cubic metres of oil equivalent
read more... 23/04/2021