Latest news
Daily (03.01.2020): German spot power dips 33% on Thursday as wind output is set to double
Crude oil prices posted modest gains on Thursday on escalating tensions in the Middle East and signs that the initial trade deal with China at the White House will be inked this month. Nevertheless, a stronger U.S. dollar limited the gains.
read more... 03/01/2020
German reactor enters decommissioning
During the shutdown process, output from the 1392 MWe pressurised water reactor was gradually reduced by the stepwise insertion of the control rods into the reactor core. EnBW said this process - the same as that carried out prior to planned annual maintenance and refuelling outages - went "technically as planned and without any special features".
read more... 03/01/2020
Gazprom Neft produces its 12-millionth tonne of oil at its Prirazlomnoye field
The 12-millionth tonne of ARCO (Arctic-blend) oil has now been produced and shipped from Gazprom Neft’s Prirazlomnaya offshore platform, delivered by the Kirill Lavrov ice-class shuttle tanker to the Kola Bay, where the Umba storage tanker is harboured, and from where it will be shipped, in standard batches, to Europe.
read more... 03/01/2020
Denmark sets new record for wind energy, putting us all to shame
Denmark hit a major renewable energy milestone in 2019, producing nearly half of its electricity from wind wind alone.
read more... 03/01/2020
Daily (02.01.2020): Brent gains 23% in 2019, the best year since 2016
Crude oil prices pulled back on Tuesday, the last trading day in 2019, as U.S. equities fell sharply despite an optimistic economic growth outlook for 2020 following Washington and Beijing lessening trade relations. Brent crude for March delivery fell 67 cents, or 1% to settle at $66.00 a barrel. U.S. WTI crude for February delivery slid 62 cents, or 1% to close at $61.06 a barrel.
read more... 02/01/2020