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UK government confirms 40GW offshore goal

The new UK Conservative government has included an election manifesto pledge to increase new offshore wind capacity to 40GW by 2030, from 30GW previously, in today's Queen's speech, which outlines its agenda for the next parliament.

read more... 20/12/2019

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Daily (19.12.2019): French spot power plunges 33% on Wednesday on high wind, nuclear generation

Crude oil futures were rather flat on Wednesday after moving upward four trading days in a row. Brent crude edged higher, paring earlier gains following the latest oil inventory figures from the American Petroleum Institute (API) and the U.S. Department of Energy (DOE). Brent crude for February delivery added 7 cents, or 0.1%, to end at $66.17 per barrel. WTI for January delivery slipped to $60.93 per barrel.

read more... 19/12/2019

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Gazprom-Armenia to invest nearly 61 billion drams in upgrading system in 2020-2024

Armenia's Public Services Regulatory Commission (PSRC) approved December 18 the investment program of the national natural gas distributing company Gazprom-Armenia for 2020-2024.

read more... 19/12/2019

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Gunvor remains biggest LNG trader as its deliveries rise 45% this year

Commodities trading house Gunvor will deliver 45% more liquefied natural gas (LNG) this year than in 2018, remaining the largest independent LNG trader, it said on Wednesday.

read more... 19/12/2019

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CIP snaps up 800MW Illinois titan

Copenhagen Infrastructure Partners (CIP) has acquired an up to 800MW onshore wind development in the US state of Illinois from Tri Global Energy for an undisclosed amount.

read more... 19/12/2019

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