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Equinor to boost Johan Sverdrup output

Once again, the Equinor-operated Johan Sverdrup field is increasing its daily production capacity, expecting to reach around 500,000 barrels of oil per day by the end of the year.

read more... 18/11/2020

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Rosatom ships more components for two nuclear power plants built in Kudankulam

According to Rosatom, the loading of the ship with various components for the upcoming third and fourth unit was completed on October 30, and it left the port on November 13.

read more... 18/11/2020

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Iberia ‘out of time’ to change power price limits

Spain and Portugal are "out of time" to change the current cap and floor in Iberian day-ahead and intra-day wholesale power prices,following changes to European regulation at the start of this year, the European Federation of Energy Traders (Efet) said.

read more... 18/11/2020

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Daily (17.11.2020): EUAs hit a six-week high on Monday amid news of second vaccine

Crude oil prices surged on Monday after Moderna’s report on the progress in its Covid-19 vaccine boosted the whole energy complex, with investors reacting to the prospect of life returning to pre-pandemic levels. Hence, Brent crude soared by $1.04, or 2.4%, to settle at $43.82 per barrel. At the same time, U.S. WTI crude climbed by $1.21, or 3%, to end at $41.34 per barrel.

read more... 17/11/2020

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EU to set 2050 offshore wind target at 300 GW, ocean energies at 60 GW?

Rumour has it that the European Commission is considering a massive increase in installed offshore renewable energy capacity by 2050, with as much as 300 GW of offshore wind, and 60 GW of ocean energies to be in place by that time.

read more... 17/11/2020

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