Latest news
OMV in talks with UAE's Mubadala over $4.7bn Borealis stake
Austria’s OMV is in talks to buy a $4.68 billion stake in Borealis in a potentially record-breaking acquisition that would shift the state-controlled energy company’s focus to petrochemicals.
read more... 09/03/2020
Germany 'needs 25GW offshore to meet green goals'
Germany could miss its 2030 renewables goal if the country does not increase its offshore wind target to 25GW from 20GW currently, according to research by German think-tank Agora Energiewende.
read more... 09/03/2020
Daily (06.03.2020): Brent crude below $50 a barrel on Thursday as non-OPEC producers not yet ready to further cut output
Crude oil futures continued to decline on Thursday as worries about global oil demand and slower economic growth caused by the coronavirus outbreak were heightened by concerns that non-OPEC crude producers haven’t yet agreed to further reduce output in order to support prices.
read more... 06/03/2020
RO coal and power group CEO plans 310MW PV parks
Romanian coal and power complex CE Oltenia plans to achieve the restructuring and decarbonisation targets, among others, by developing four photovoltaic (PV) parks, to be located on contaminated land such as the areas currently used to store sludge and ash produced by its thermal power plants, and a tailings dump, where residues from the coal mining operations are deposited, Economica.net reported.
read more... 06/03/2020
Polish LNG terminal receives 86th cargo
Polish sole liquefied natural gas (LNG) import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Thursday.
read more... 06/03/2020