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Vattenfall gives green light to ‘world’s largest offshore wind project’

The facility could produce enough electricity to cover the annual consumption of more than two million Dutch households.

read more... 08/06/2020

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Norwegian gas flows to Europe, UK slide further in May

Norway's pipeline gas supplies to continental Europe and the UK fell further in May to an eight-month low of just 7.35 Bcm, data from S&P Global Platts Analytics showed June 5.

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Post-COVID recovery brings decarbonisation opportunity

The world's response to COVID-19 is also an opportunity to meet strategic goals that include reducing carbon emissions and attaining a healthier, more sustainable environment, while ensuring economic recovery, the leaders of the Canadian Nuclear Association (CNA) and World Nuclear Association said yesterday.

read more... 08/06/2020

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Daily (08.06.2020): Crude oil futures settled at 3-month highs on Friday on U.S. jobless drop, OPEC meeting hopes

Crude oil futures rallied on Friday, to close at their highest level since March 6, spurred by AN OPTIMISTIC U.S. jobs report and ON hopes that OPEC+ producers will extend its production cuts for another month at its virtual meeting on Saturday.

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Daily (05.06.2020): Oil prices steady on Thursday despite OPEC meeting uncertainty

Crude oil futures were little changed on Thursday as the delay of the OPEC+ meeting added uncertainty to whether the producers would agree to extend production cuts by 9.7 million bpd into the second half of 2020. Hence, Brent crude for August delivery rose by 0.5% to settle at $39.99 a barrel, continuing to push for $40 per barrel. At the same time, U.S. WTI crude added 0.3% to close at $37.41 a barrel.

read more... 05/06/2020

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