Latest news

Europe is going coal-free, but a vast lignite mine is expanding in eastern Germany and coronavirus has delayed new climate laws

The landscape makes you think of the surface of the moon. As far as the eye can see, deep gashes scar the earth. At the spot where the giant machines stand, ancient layers of bared coal are visible all the way to the base of the pit.

read more... 03/06/2020

news

Yamal LNG cargo completes ice-covered transit of Northern Sea Route: Novatek

A cargo of LNG from the Novatek-operated Yamal LNG plant in northern Russia has completed its journey across the ice-covered part of the Northern Sea Route (NSR), the Russian company said June 1.

read more... 03/06/2020

news

May becomes ‘the greenest month ever’ in the UK

It was the first full calendar month of electricity generation without coal since the industrial revolution, according to a new report.

read more... 03/06/2020

news

Daily (02.06.2020): The British spot gas dived by 5.6% on Monday after the resumption of Russian flows

Crude oil futures diverged on Monday, with Brent crude for August delivery surging by 8.5% to close at $38.32 a barrel amid hopes that OPEC+ producers will meet this week, earlier than previously planned, to discuss about a further extension of output cuts. Meanwhile, U.S. WTI crude was rather stable at $35.49 a barrel, but under the effect of increasingly hostile relations between the United States and China.

read more... 02/06/2020

news

Biomass takes record share of UK grid in May

Biomass-fired power took a record share of the UK generation mix for the second consecutive month in May. Overall UK power demand continued to decline as the country remained in lockdown to limit the spread of Covid-19.

read more... 02/06/2020

news