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Serbian section of TurkStream extension not ready before spring 2021

The Serbian section of the TurkStream gas pipeline extension is not expected to be ready until at least spring 2021, missing a previous target for first gas to flow by the end of 2020, industry sources close to the project said.

read more... 25/11/2020

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Coal supply resumes, two private power plants to restart operations

Private plants faced coal shortage after freight trains were suspended by the central government over the stalemate with protesting farmers’ unions on resumption of passenger trains

read more... 25/11/2020

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Daily (24.11.2020): Oil prices hit multi-month highs on Monday as the vaccine race intensifies

Crude oil futures hit multi-month highs on Monday as hopes of a new coronavirus vaccine 70% effective in late-stage trials unveiled by European drug maker AstraZeneca offset concerns about the surging number of infections and lockdown measures. Hence, Brent crude for January delivery soared by 2.5% to settle at $46.06 a barrel. Meanwhile, U.S. WTI crude rose by 1.5% to close at $43.06 a barrel.

read more... 24/11/2020

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Global carbon dioxide levels ‘remain at record highs despite Covid-19 lockdown’

The last time carbon dioxide levels were that high was three to five million years ago, according to the World Meteorological Organisation

read more... 24/11/2020

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UK to double renewables capacity eligible for next subsidy auctions

The next allocation round for renewable energy technologies such as offshore wind will open late next year

read more... 24/11/2020

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