Latest news
Daily (03.05.2019): EUAs fell by over 9% on a weekly basis, after the end of compliance purchase
The high level of U.S. crude stockpiles overshadowed the ongoing fears of a tighter supply, pushing crude oil prices lower on Thursday. Moreover, a potential rise in Saudi Arabia’s production to meet Asian refineries’ requests for more crude oil also weighed on prices. Consequently, WTI futures plunged by 2.8% to $61.81 a barrel, while Brent crude fell by 2% to $70.75 a barrel.
read more... 03/05/2019
Novovoronezh NPP-2’s second unit delivers first power to Russian grid
Rosenergoatom, a part of the electric power division of Russia's Rosatom, has commenced power generation from the 1,200MW unit 2 of the Novovoronezh nuclear power plant (NPP)-2 in Novovoronezh city, the Voronezh Region in central Russia.
read more... 03/05/2019
Moldova gas pipeline to be extended
A 120 km extension of the existing Ungheni-Iasi gas delivery network in Moldova is ready to begin construction.
read more... 03/05/2019
Sweden set for 2.3GW wind rush in 2019
Wind farms with a combined generation capacity of more than 1GW were approved in Sweden during the first quarter of 2019, putting the Nordic country on track to double its wind generation capacity by 2022.
read more... 03/05/2019
Daily (02.05.2019): The German spot power price soared by 49% on Wednesday, on forecasts for cold weather and low wind output
Oil prices declined on Wednesday, after EIA data showed a new record level of oil production since September 2017 and a surge in the crude inventories in the U.S. Brent crude lost 0.9% to trade at $72.18 a barrel, while WTI futures edged 0.5% lower at $.63.60 a barrel. Nevertheless, the losses were limited by the prospect of a weaker oil supply due to increasing unrest in Venezuela and the end of U.S. sanction waivers on countries importing Iranian oil.
read more... 02/05/2019