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Total's Lampiris unveils PPA for Belgium’s 309-MW Rentel offshore wind farm

Belgium power and gas supplier Lampiris will be buying the electricity produced by the 309-MW Rentel offshore complex in the Belgian North Sea.

read more... 25/06/2020

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Daily (25.06.2020): Oil prices fell sharply by over 5% on Wednesday amid surging coronavirus cases and a record increase in U.S. crude stocks

Crude oil futures fell sharply on Wednesday as new coronavirus cases in Germany and across several U.S. states is threatening oil recovery. Moreover, the record increase in U.S. crude inventories added further pressure on oil markets. Hence, Brent crude dived by $2.32, or 5.4%, to settle at $40.31 a barrel. At the same time, U.S. WTI crude ended at $38.01 a barrel, sinking by $2.36, or 5.8%.

read more... 25/06/2020

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Siemens Gamesa to supply 100 turbines for offshore wind project in the UK

The wind farm once finished, could power more than 1.2 million homes with green energy

read more... 25/06/2020

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Hungary eyes 6 bln cu m of gas imports via Serbia as of Oct 2021 - Szijjarto

Hungary plans to buy up to 6 billion cubic metres of gas annually from a string of the TurkStream pipeline through Bulgaria and Serbia as of October 2021, Hungarian media reported on Tuesday.

read more... 25/06/2020

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Daily (24.06.2020): EUAs surpassed the €25- level for the first time in four months on Tuesday amid bullish economic data

Crude oil futures pulled back off the highest levels since before the coronavirus pandemic on Tuesday amid a sharp increase in COVID-19 cases and before the release of a weekly report which is expected to reveal that crude inventories have reached a new all-time high in the United States. However, the reassurance by the U.S. President Donald Trump that the trade agreement with China was “fully intact” limited losses. Hence, Brent crude declined by 45 cents, or 1%, to settle at $42.63 per barrel. At the same time, U.S. WTI crude settled 36 cents, or 0.9%, lower at $40.37 per barrel.

read more... 24/06/2020

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