The expiry in the coming years of long-term European gas supply contracts will provide opportunities for new players -- especially from the LNG sector -- to enter the European market, a senior official from the International Energy Agency said Sept. 29.
read more... 30/09/2020
Demand for LNG from Vietnam's power sector is set to reach 8.5mn t/yr by 2030, the country's industry ministry said today.
read more... 29/09/2020
The Netherlands is considering the expansion of nuclear power in its energy mix, according to a letter Minister for Economic Affairs and Climate Policy Eric Wiebes submitted to the Dutch parliament last week, together with a report by consultants Enco. The cabinet will now prepare a motion requesting that the country holds a market consultation to assess commercial interest in nuclear new build.
read more... 29/09/2020
Crude oil futures rallied to their highest levels since Sept.18 on Monday alongside stronger equities, spurred by expectations for a coronavirus relief-aid package in the United States and stronger demand growth in China. However, concerns about fuel demand due to rising coronavirus cases limited gains. Hence, Brent crude rose by 51 cents, or 1.2%, to end the session at $42.43 a barrel. Meanwhile, U.S. WTI crude gained 35 cents, or 0.9%, to settle at $40.60 a barrel.
read more... 29/09/2020
Vattenfall has opened its first floating solar farm in Gendringen, the Netherlands.
read more... 29/09/2020