Latest news
EBRD extends renewable energy programme for Kazakhstan
The EBRD is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s Kazakhstan Renewables Framework of up to €300 million, the Bank reported.
read more... 16/09/2019
Rosatom postpones fast reactor project, report says
Rosenergoatom, the nuclear power plant operator subsidiary of Russian state nuclear corporation Rosatom is expected to receive about RUB280 billion (USD4 billion) less in state funding for the construction of new nuclear reactors in Russia owing to the postponement of its fast neutron reactor programme, Russian newspaper Kommersant reported last week, citing anonymous sources.
read more... 14/08/2019
Total sells 30% stake in Trapil pipeline network for 260 mln euros
French energy group Total has agreed to sell a 30% stake in the Trapil pipeline network to crude oil storage operator Pisto SAS for 260 million euros ($289 million) as part of a broader asset sale programme.
read more... 05/08/2019
Daily (17.07.2019): NBP spot plunged by over 16% on Tuesday, due to ample oversupply
Crude oil prices dipped on Tuesday, after data showed that U.S. crude inventories dropped less than expected last week, as they were only slightly affected by disruptions in the wake of Hurricane Barry in the Gulf of Mexico. Prices were also influenced by the conflicting signals from Tehran and Washington about an alleged reduction of tensions over Iran’s ballistic missile program, as well as by China’s weakest economic growth in 27 years. As a result, Brent crude tumbled by 3.2% to $64.35 a barrel, while WTI futures slumped by 3.3% to $57.62 a barrel.
read more... 17/07/2019
Daily (09.07.2019): European spot power prices rose by over 20% on Monday, due to low wind supply and tight nuclear capacity
Crude oil prices steadied on Monday as Iran’s nuclear program offset worries about global oil demand growth. As a result, Brent crude dropped by 0.2% to $64.11 a barrel, while WTI futures added 0.3% to settle at $57.66 a barrel.
read more... 09/07/2019