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Novovoronezh NPP-2’s second unit delivers first power to Russian grid

Rosenergoatom, a part of the electric power division of Russia's Rosatom, has commenced power generation from the 1,200MW unit 2 of the Novovoronezh nuclear power plant (NPP)-2 in Novovoronezh city, the Voronezh Region in central Russia.

read more... 03/05/2019

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China Acquires 20 Percent Stake in Novatek’s Latest Arctic LNG Project

China continues to invest in Arctic natural resources as two Chinese national oil companies secure a 20 percent stake in Russia’s massive Arctic LNG 2 project.

read more... 29/04/2019

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Daily (26.04.2019): French spot power price spiked by 40% on Thursday due to falling wind output

Oil prices declined on Thursday, as global oil capacity looks sufficient to compensate the supply gap after the soon-ending sanction waivers on Iranian oil imports. WTI futures dropped by 1% to $65.21 a barrel, amid stronger U.S. crude production and abundant stocks. Brent crude slipped by merely 0.3% to $74.35 a barrel, with losses limited by halted oil imports via Russian pipeline due to quality concerns.

read more... 26/04/2019

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Cryogas-Vysotsk LNG project in Russia commences full-scale production

Novatek and its joint venture partner Gazprombank Cryogas-Vysotsk have started full-scale production of liquefied natural gas (LNG) from the Cryogas-Vysotsk LNG project in the Leningrad Region of Russia.

read more... 26/04/2019

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Gazprom sees output falling as European gas demand declines

Gazprom PJSC forecasts a conservative natural gas production outlook for 2019, based on warm weather and growing competition from Russian-piped super-chilled fuel.

read more... 23/04/2019

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