Latest news
Engie-led consortium to pay EUR 2.2bn for EDP's Portuguese HPPs
A consortium led by French utility Engie SA is to acquire the Portuguese hydropower portfolio of Energias de Portugal SA, with a total capacity of 1.7 GW, for EUR 2.2 billion (USD 2.4bn).
read more... 23/12/2019
Russia offers Ukraine $3 bln as gas arbitration settlement
Russia has offered to pay Ukraine about $3 billion to end a legal row over gas, a source close to talks told Reuters on Friday, in line with the amount proposed in arbitration rulings between Russian Gazprom and Ukrainian Naftogaz.
read more... 23/12/2019
Daily (20.12.2019): NBP spot gas soars 6% on Thursday due to weak flows from Norway and LNG deliveries
Crude oil futures hit a fresh three-month high on Thursday, spurred by a mix of factors: falling U.S. crude stockpiles, soothing U.S.-China trade conflict and OPEC+ output cuts. Brent crude for February delivery rose by 37 cents, or 0.6%, to settle a t $66.54 a barrel, increasing for the sixth consecutive day.
read more... 20/12/2019
Equinor set to drill Mist well
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well located in the Barents Sea offshore Norway.
read more... 20/12/2019
World's 1st floating nuclear power plant connects to grid
The world's first floating nuclear power plant (NPP), Akademik Lomonosov, was grid-connected to provide electricity for the first time in the remote Chaun-Bilibino network in the coastal gold-mining town of Pevek, in Russia's Far East, Russian State Atomic Corporation Rosatom announced on Thursday.
read more... 20/12/2019