Latest news
Russia to increase gas production to 740 million cubic meters in 2019
Russia will increase gas extraction by 2% to 740 billion cubic meters in 2019 compared to last year, Russian Energy Minister Alexander Novak said in an article published in the Energeticheskaya Politika (Energy Policy) magazine.
read more... 06/12/2019
Daily (05.12.2019): Oil prices skyrocketed about 4% on Wednesday ahead of the OPEC meeting
Crude oil prices skyrocketed on Wednesday, buoyed by hopes of deeper production cuts from OPEC and its allies and following a larger-than-expected drop in U.S. stockpiles. Brent crude soared by 3.6% to settle at $63 a barrel. WTI crude gained 4.2%, closing at $58.43 a barrel. It was its third straight day of gains, and its best day since September.
read more... 05/12/2019
France's EDF extends Cruas 2 nuclear reactor outage to Saturday
French utility EDF on Wednesday extended the outage at its 900 MW Cruas 2 nuclear reactor by two days until Saturday, adding that resumption of power generation could be delayed by ongoing safety checks following an earthquake.
read more... 05/12/2019
Total to supply LNG fuel to CMA CGM vessels for 10 years
French energy major Total and compatriot shipping company CMA CGM have signed an agreement for the supply of approximately 270,000 tonnes of LNG per year over ten years.
read more... 05/12/2019
France nearing 10 GW of installed solar capacity
France commissioned 707 MW of new solar photovoltaic (PV) capacity in the first nine months of 2019, bringing cumulative grid-connected installations to 9,649 MW, government statistics show.
read more... 05/12/2019