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Poland needs 700-900 bln euros to reach zero emissions -minister
Poland needs 700-900 billion euros ($760-$980 billion) to reach a net zero emissions economy, Energy Minister Krzysztof Tchorzewski said, adding that it was a “fantasy” that it could reach that goal by 2050.
read more... 01/10/2019
Daily (01.10.2019): NBP spot tumbled by nearly 15% on Monday amid higher Norwegian flows
Crude oil prices continued to decline on Monday, amid receding worries over tighter supply and tensions in the Middle East after the last month’s attacks on Saudi’s oil sites. Uncertainty over U.S.-China trade negotiations added pressure on prices. Against that backdrop, Brent crude fell by 1.8% to $60.78 a barrel, posting the biggest 8.7% loss since the fourth quarter 2018. WTI futures dipped by 3.3% on a daily basis to end at $54.07 a barrel, plunging by 7.5% for the quarter.
read more... 01/10/2019
Endesa to close entire Iberian coal fleet
Endesa plans to close all its Iberian coal-fired power stations, ending production from two of Spain's largest power stations, the 1.4 GW As Pontes and 1.1 GW Litoral de Almeria plants, it said late Friday.
read more... 01/10/2019
Total closes acquisition of Anadarko’s shareholding at $ 3.9 billion
Total has announced the closing of the acquisition of Anadarko’s 26.5% operated interest in the Mozambique LNG project for a purchase price of $ 3.9 billion.
read more... 01/10/2019
Rosneft Discovers New Field Offshore Sakhalin
As part of its exploration campaign, Rosneft Oil Company has successfully completed the drilling of the first prospecting and appraisal well at the Vostochno-Pribrezhny license block on the shelf of Sakhalin Island, resulting in the discovery of a new oil field.
read more... 01/10/2019