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Total delivers its first carbon-neutral LNG cargo

French energy giant Total said it has delivered its first carbon-neutral liquefied natural gas (LNG) cargo.

read more... 21/10/2020

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Denmark, Germany open 400 MW power cable linking Baltic Sea wind farms

Germany and Denmark have officially opened the world's first hybrid wind interconnector in the Baltic Sea, grid operators 50Hertz and Energinet.dk said Oct. 20

read more... 21/10/2020

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France awards support to 600 MW renewables and 1.5 GW demand response

French Minister of the Ecological Transition Barbara Pompili has announced the award of support for 600 MW of renewable energy capacity and acceptance of more than 1.5 GW of demand management capacity for the coming winter.

read more... 21/10/2020

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Daily (21.10.2020): WTI crude at its highest level in seven weeks on Tuesday amid U.S. stimulus deal hopes

Crude oil futures rebounded on Tuesday after four sessions of losses, with WTI crude hitting its highest settlement in almost seven weeks amid expectations for a weekly decline in U.S. crude stockpiles. The resumption of U.S. stimulus negotiations added further upward momentum on the oil markets. Hence, Brent crude for December delivery rose by 54 cents, or 1.3%, to settle at $43.16 a barrel. Meanwhile, WTI crude for November delivery soared by 64 cents, or 1.6%, to end at $41.70 a barrel.

read more... 21/10/2020

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Daily (20.10.2020): Colder weather and stronger LNG prices supported front-month British gas prices at the beginning of the new week

Crude oil futures continued to slip on Monday as the OPEC+ panel has made no new policy proposals from January 2021. Moreover, a resurgence of the coronavirus in Europe and the U.S. threatened to hinder a recovery in demand. Consequently, Brent crude slipped by 31 cents, or 0.7%, to settle at $42.62 a barrel. U.S. WTI crude ended rather flat at $40.83 a barrel.

read more... 20/10/2020

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