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EDF cuts 2020 nuclear output goal by 20% to 300 TWh
EDF has reduced its 2020 nuclear output target by up to 20% to 300 TWh due to the impact of the coronavirus pandemic on its reactor maintenance schedule, it said on Thursday.
read more... 17/04/2020
Daily (16.04.2020) Brent crude hit an 18-year low on Wednesday, due to the biggest weekly rise in the U.S crude stocks
Oil futures posted losses on Wednesday, fluctuating around 18-year lows, due to the biggest weekly surge ever in the U.S. crude inventories (19 million barrels). The coronavirus pandemic also put pressure on prices, as global demand is expected to fall to quarterly-century lows. As a result, Brent crude dropped by 6.5% to $27.69 a barrel. WTI futures traded 1.2% lower at $19.87 a barrel.
read more... 16/04/2020
COVID-19: Siemens Gamesa reopening Spanish plants
Siemens Gamesa is reopening all turbine production facilities across Spain after a two week “pause” in non-essential work due to the coronavirus pandemic.
read more... 14/04/2020
Daily (10.04.2020): Oil prices turned bearish on Thursday due to traders’ skepticism towards the OPEC historic deal
Oil futures fell sharply on Thursday as the traders doubted that the OPEC+ agreement to cut oil output by 10 million barrels per day would be enough to offset the massive destruction of the demand hit by the coronavirus pandemic.
read more... 10/04/2020
Global coal production to grow just 0.5% in 2020 – study
Global coal production is set to grow by just 0.5% in this year, as efforts to limit the spread of the coronavirus pandemic have hampered production in China, data and analytics firm GlobalData said on Thursday.
read more... 10/04/2020