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Novatek to Launch its Third LNG in 2022

On May 21, Novatek announced that its third major LNG plant in the Yamal-Nenets Autonomous District will be launched in 2022. The final investment decision is to be reached later this year.

read more... 27/05/2019

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Albania's Q1 power output falls

Albania's electricity production decreased to 1,281 GWh in the first quarter of 2019 from 3,213 GWh a year earlier, the country's statistical office said on Friday.

read more... 27/05/2019

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Daily (24.05.2019): WTI futures slumped by 5.7% on Thursday, amid growing U.S.-China trade concerns

Crude oil prices plunged on Thursday, heading for a 6-month low, weighed by fears that the prolonged trade dispute between U.S. and China is turning into a technology cold war, or a threat to the global economic growth. Weaker U.S. data, swelling U.S. crude inventories and softer global demand outlook due to the easing U.S.-Iran tensions put more pressure on prices. WTI futures plummeted by 5.7% to 57.91 USD/bbl, while Brent crude price dipped by 4.6% to 67.76 USD/bbl.

read more... 24/05/2019

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Novatek Signs LNG MoU with Vietnam

Novatek announced signing a Memorandum of Understanding with the Ninh Thuan Provincial People’s Committee to develop an integrated energy-generating project with the use of liquefied natural gas in Vietnam.

read more... 24/05/2019

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N. Macedonia's gross electricity output falls 15% year-on-year in March

North Macedonia's gross electricity production fell by an annual 15% to 470,434 MWh in March, preliminary data from the national statistical office showed on Thursday.

read more... 24/05/2019

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