Latest news
IAEA: Reactors are maintaining safe operation during pandemic
There has been no enforced shutdown of a nuclear power reactor due to the effects of COVID-19 on the workforce or supply chains, according to reports from operators and regulators received through the International Atomic Energy Agency's (IAEA's) COVID-19 Operational Experience Network (OPEX) and International Reporting System for Operating Experience (IRS).
read more... 12/06/2020
Saudi Arabia and Russia pledge commitment to oil market stability
Saudi Arabia and Russia are committed to maintaining oil market stability as world oil demand remains squeezed from the economic fallout of the coronavirus pandemic.
read more... 14/05/2020
Equinor gas sales price drops 41 percent on year to EUR 13 per MWh
Norwegian energy firm Equinor's gas sales price in Europe plummeted 41% to an average of EUR 13/MWh (USD 4.06/MMtbu) in the first quarter of the year amid the Covid-19 pandemic, it said on Thursday.
read more... 07/05/2020
AES Bulgarian units produce over 415,000 MWh since March 13
AES Bulgaria, a unit of U.S.-based energy conglomerate AES Corporation, said on Tuesday that its thermal power plant (TPP) AES Galabovo and the Saint Nikola Wind Farm have produced some 415,000 MWh of electricity since March 13 when a countrywide state of emergency was declared due to the coronavirus pandemic.
read more... 06/05/2020
Daily (04.05.2020): First weekly gain in a month for Brent crude, as OPEC alliance started to cut more production
Crude futures added ground on Friday, after OPEC and its allies started to reduce more production to tackle the supply excess caused by the coronavirus pandemic. Consequently, Brent crude traded 4.6% higher at $26.44 a barrel. Similarly, WTI futures climbed by 5% to $19.78 a barrel
read more... 04/05/2020