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French nuclear hits 41 GW, up 12 GW over past month

French nuclear generation ramped up to 41 GW on Oct. 19 as more reactors returned to service after maintenance, lifting average output by 12 GW over the past four weeks, system data showed.

read more... 20/10/2020

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UK government extends price cap on energy bills to end of 2021

The cap was introduced in January 2019 to put a lid on standard variable tariffs, the basic rate that energy suppliers charge if a customer does not opt for a specific fixed-term deal. It had been due to expire at the end of this year

read more... 20/10/2020

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ConocoPhillips Becomes First Major U.S. Oil Firm To Pledge Emission Cuts

U.S. oil and gas producer ConocoPhillips unveiled on Monday a target to reduce emissions from its operations to net zero by 2045-2055 in a first announcement from a major American oil firm setting specific targets to cut its carbon footprint.

read more... 20/10/2020

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Daily (19.10.2020): NBP spot reached a fresh 2020 high on Friday, due to low flows from Norway and increased demand

Crude oil prices edged lower on Friday ahead of the OPEC+ ministers’ meeting. Furthermore, doubts about demand and the worrying pace of COVID-19 pandemic also weighed on prices. Brent crude for December delivery slipped by 0.5% to settle at $42.93 a barrel, while WTI crude traded 0.2% lower at $40.88 a barrel.

read more... 19/10/2020

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Norway’s Hammerfest LNG to reopen in January

Norway’s Hammerfest LNG isn’t expected to resume operations this year, as operator Equinor continues to carry out an investigation into a serious incident late last month.

read more... 19/10/2020

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