Russian regulator Rostechnadzor gave the green light for Unit 1 of the Leningrad Phase II nuclear power plant to enter the power start-up phase. Power start-up requires bringing the unit to 50% of its electricity production capacity in preparation for commercial operation.
read more... 26/02/2018
Russia and South Korea decided to strengthen collaboration in the energy field on a wide range of domains like natural gas, electricity and renewable energy development, as stated by the South Korean Yonhap.
read more... 22/02/2018
Oil prices fell on Tuesday after a session of profit-taking and due to a stronger dollar. Brent crude lost 42 cents, or 0.6%, to end at $65.25 a barrel. WTI futures closed 1% down at $61.79 per barrel.
read more... 21/02/2018
Oil prices soared on Wednesday, recovering after earlier losses as U.S. crude stocks rose less than predicted. Brent futures added $1.64, or 2.6 percent, to end at $64.36 a barrel. Meanwhile, WTI crude settled 2.4% higher at $60.60 per barrel.
read more... 15/02/2018
The European Commission has approved six electricity backup schemes to ensure security of supply in the event of blackouts.
read more... 08/02/2018