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RO coal and power group CEO plans 310MW PV parks

Romanian coal and power complex CE Oltenia plans to achieve the restructuring and decarbonisation targets, among others, by developing four photovoltaic (PV) parks, to be located on contaminated land such as the areas currently used to store sludge and ash produced by its thermal power plants, and a tailings dump, where residues from the coal mining operations are deposited, Economica.net reported.

read more... 06/03/2020

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Polish LNG terminal receives 86th cargo

Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Thursday.

read more... 06/03/2020

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Ørsted wants Siemens Gamesa turbines for 1.1 GW of offshore wind projects

Denmark’s Ørsted A/S has picked Siemens Gamesa Renewable Energy SA (BME:SGRE) to be the preferred turbine supplier for 1,142 GW of offshore wind projects in the German North Sea.

read more... 06/03/2020

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Daily (05.03.2020): Brent down 1.4% on Wednesday as Russia resists to OPEC calls for drastic oil cuts

Crude oil futures fell on Wednesday after Russia opposed Saudi Arabia’s plans requesting OPEC+ deeper oil production cuts in order to offset an eroding demand due to the coronavirus outbreak.

read more... 05/03/2020

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Maersk Drilling secures one-well contract offshore Egypt

Maersk Drilling has been awarded a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt. The contract has an estimated duration of 21 days and is expected to commence in March 2020, in direct continuation of the rig’s current contract. The contract value is approximately USD 3.8m.

read more... 05/03/2020

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