Latest news
Saipem nets $1.7B in drilling contracts
Saipem on Friday said that the contracts related to the offshore drilling division concern activities to be executed in Norway and in Angola. Apart from sharing the regions where the projects will be carried out, the company did not provide any further info on the offshore drilling contracts.
read more... 30/12/2019
Last of four Kola units gets extended operation licence
Russian regulator Rostechnadzor has issued a 15-year operating licence extension for unit 2 of the Kola nuclear power plant to 2034. Kola NPP is located 200 km south of Murmansk, on the shore of Lake Imandra. It produces about 60% of the electricity of the Murmansk region.
read more... 26/12/2019
Smolensk unit 3 gets licence extension
Russian regulator Rostechnadzor has issued a 15-year operating licence extension for unit 3 of the Smolensk nuclear power plant, the last of three RBMK-1000 reactors at the site in western Russia. The move means the whole plant has permission to operate for a total of 45 years.
read more... 18/12/2019
Daily (17.12.2019): German spot power skyrockets 58% on stronger consumption outlook
Crude oil futures slightly increased on Monday after reaching a three-month high on Friday, as the traders have taken a wait-and-see attitude. The U.S. and China have reached phase one of their trade agreement after 18 months of political tension. Brent crude for February delivery rose by 12 cents, or 0.2%, to settle at $65.34 a barrel, while WTI crude for January delivery added 14 cents, or 0.2%, to close at $60.21 a barrel.
read more... 17/12/2019
Ovo takeover of SSE gets go-ahead
Energy provider Ovo’s David and Goliath £500 million takeover of giant SSE today won the approval of competition regulators.
read more... 11/12/2019