The start of regular electricity generation at the Olkiluoto 3 (OL3) EPR has been pushed back by a further four months and is now expected to begin in January 2020, Finnish utility Teollisuuden Voima Oyj (TVO) announced today.
read more... 30/11/2018
A decrease in oil crude prices was seen on Wednesday due to global oversupply. The price for Brent declined by 2.4% to $58.76 a barrel, or more than 30% down from a 4-year high reached in October. OPEC is planning a summit in Vienna next week to discuss the necessity of output reductions. Meanwhile, WTI crude traded 2.5% down at $50.29 a barrel.
read more... 29/11/2018
Russian oil giant Rosneft said on Thursday it had signed a contract with China National Chemical Corporation (ChemChina) on the delivery of up to 2.4 million tonnes of oil to the Asian country in the course of 12 months.
read more... 29/11/2018
The European Commission (EC) has given the green light to a EUR-600-million (USD 677m) public support scheme in France that aims to encourage solar power generation from innovative installations.
read more... 29/11/2018
Romanian natural gas producer Romgaz will increase its output by the end of the year on the back of stepped-up pumping in the Caragele field, the company said on Wednesday.
read more... 29/11/2018