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BP forms offshore wind joint venture in renewables retreat
BP and Japanese power generator JERA have agreed to join forces to form one of the world's largest offshore wind operators, a major step in CEO Murray Auchincloss' efforts to reduce BP's focus on renewables.
read more... 10/12/2024
Daily (09.12.2024): Oil prices extended losses on Friday following OPEC+ announcement to maintain the same production cuts
Oil prices continued their downward trend on Friday, with no support from the latest OPEC+ announcements aimed at stabilizing the market. Speculative positions further put pressure on prices. per barrel.Brent crude slipped by 1.3%, closing at $71.12 per barrel, while WTI crude fell by 1.6%, settling at $67.20
read more... 09/12/2024
Denmark’s latest offshore wind tender fails to attract bids
Denmark’s latest offshore wind farm tender in the North Sea has received no bids – a setback for the global offshore wind industry, as reported by Reuters.
read more... 09/12/2024
UK in talks with additional investors for Sizewell C nuclear plant
The UK government is in discussions with investors outside the core group of existing bidders for an interest in the Sizewell C nuclear plant, as negotiations to finalise the project’s funding proceed.
read more... 09/12/2024
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PGE delays closure of 0.9 GW Rybnik coal plant to 2027
Two of Rybnik’s currently operating units will be used until the end of June 2026 and the other two will still be operational in 2027, PGE said after its CEO Dariusz Marzec met with state asset minister Robert Kropiwnicki and strategic infrastructure minister Wojciech Wrochna.
read more... 09/12/2024