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Romania’s largest gas provider set to embrace renewables

Romgaz is reportedly planning to invest in solar, wind, geothermal and biogas power projects by tendering for consultants.

read more... 21/05/2020

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Siemens Gamesa reveals ‘world’s biggest wind turbine’

Siemens Gamesa has revealed what it claims is the world’s biggest wind turbine, a 14MW offshore Direct Drive turbine boasting a 222-metre rotor.

read more... 21/05/2020

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Russia's Nord Stream 2 loses court case against new EU gas rules

Russia's Nord Stream 2 gas link developer has lost its court case against changes that apply EU gas market rules to the EU section of offshore links with non-EU countries.

read more... 21/05/2020

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Daily (20.05.2020): British spot and near-term gas prices lost ground on Tuesday amid lower demand, healthy supplies

Crude oil futures diverged on Tuesday, with U.S. WTI crude edging 0.4% higher, to close at $31.96 a barrel in a rather optimistic climate amid the resumption of world demand at a time when supply is absorbing. Meanwhile, Brent crude for July delivery, which struggled to take direction in a volatile trading, shed by 16 cents, or 0.46%, to settle at $34.65 per barrel.

read more... 20/05/2020

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Spain seeks to pass new climate law to reach net zero by 2050

Spain has announced it is seeking to pass a new climate law to ensure it can cut its emissions to net zero by 2050.

read more... 20/05/2020

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