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UK can have "negative-subsidy" offshore wind online in couple of years

The UK’s contracts for difference (CfD) auctions in September 2019 will likely bring the world’s first "negative-subsidy" offshore wind farms, according to a study led by Imperial College London (ICL) researchers.

read more... 29/07/2020

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Sweden's Lundin Energy Q2 operating profit lags despite record output

Swedish oil firm Lundin Energy , a partner in Norway’s giant Johan Sverdrup oilfield, reported on Wednesday a worse-than-expected operating profit, despite producing record output in the quarter.

read more... 29/07/2020

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Total agrees deal to sell Lindsey refinery

Total has signed an agreement to sell the Lindsey refinery to independent British conglomerate Prax Group.

read more... 29/07/2020

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Daily (28.07.2020): European Cal’21 power prices declined to a six-week low on Monday, influenced by a 5% drop in benchmark carbon prices

Crude oil futures rose modestly at the beginning of the week, gaining little support from new stimulus package in the U.S. and weaker dollar. However, the persisting spread of COVID-19 and its impact on the economy, as well as U.S.-China tensions slashed prices gains. Hence, Brent crude added 0.2% to settle at $43.41 a barrel. At the same time, U.S.WTI crude increased by 0.8% to close at $41.60 a barrel.

read more... 28/07/2020

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Netherlands set to pick Hollandse Kust North winner

Dutch government to reveal developer for 700MW offshore wind site on Wednesday

read more... 28/07/2020

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