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Poland's PGNiG and Ukraine's ERU team up on gas exploration

Poland’s leading gas firm, state-run PGNiG, said on Monday it agreed a deal with Ukraine’s ERU Management Services to cooperate on hydrocarbon extraction and exploration in Ukraine.

read more... 10/12/2019

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EDF clean power tops 2GW in France

EDF Renouvelables has reached the 2GW milestone for wind and solar capacity in France, following a record year for onshore wind for the company in the country.

read more... 10/12/2019

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UK wind powers to new generation high

The UK generated a record of over 16GW of electricity from wind power on 8 December, according to RenewableUK citing National Grid data.

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Daily (09.12.2019): Brent posts a 3.1% weekly gain following OPEC decision to reduce output target

Crude oil prices soared on Friday as OPEC+ agreed in Vienna to extend output cuts by 500,000 barrels per day in early 2020. Consequently, Brent crude rallied by $1, or 1.6%, to settle at $64.39. It recorded a weekly hike of 3.1%. U.S. WTI crude rose by 77 cents, or 1.3%, to $59.20 per barrel. For the week, WTI jumped 7.3%, after a 4% rise reached on Wednesday after data indicated sharp declines in U.S. crude inventories.

read more... 09/12/2019

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Vestas books 137MW US tour

Vestas has received a turbine order totalling 137MW from an unnamed client for an undisclosed wind farm in the US.

read more... 09/12/2019

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