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Germany awards 400MW in latest onshore auction

Federal Network Agency says wind sale was oversubscribed for the first time this year

read more... 22/12/2020

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Cheniere receives LNG cargo cancellation for February from Italy's Enel

Italian utility Enel canceled an LNG cargo for February delivery from Cheniere Energy, which operates two liquefaction terminals and is the biggest exporter in the US, market sources said Dec. 21.

read more... 22/12/2020

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Russia Backs Another 500,000 Bpd Oil Production Increase

Despite renewed fears about oil demand due to the new coronavirus strain, the leader of the non-OPEC group in the OPEC+ pact, Russia, is still in favor of another 500,000 bpd increase in the alliance’s oil production from February, Bloomberg reported on Monday, citing officials with knowledge of the Russian oil policy.

read more... 22/12/2020

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Daily (21.12.2020): A 20% drop in German and French spot power prices on mild and windy weather outlook

Progress related to the stimulus package in the United States lent support to oil prices on Friday. As such, Brent crude moved 1.5% higher to trade at $52.26 a barrel, while WTI oil rose by 1.5%, or 74 cents, to $49.10 a barrel.

read more... 21/12/2020

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Electricity, heat and lithium: geothermal offers new hope for old mining county

A project in Cornwall, England, is building on the county’s history of tin mining, looking to restore jobs and boost the local economy by developing a new geothermal plant that will produce electricity, heat and, hopefully, lithium.

read more... 21/12/2020

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