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Vattenfall looks to gas and biomass as end of coal power looms
Vattenfall is considering converting its German coal-fired power stations to use fuels including gas or biomass as utility companies in the country brace for a government deadline for phasing out coal altogether.
read more... 29/10/2018
Gazprom constructed 95.5% of Power of Siberia pipeline
Gazprom built 95.5% of the Power of Siberia gas pipeline, including welding and laying of 2,064 km of pipes from Yakutia to the border with China, the company said in its press release on Friday, according to TASS.
read more... 29/10/2018
Daily (26.10.2018): German day-ahead electricity price surged by around 20% on Thursday, due to increased demand and lower wind generation
Oil contracts were bullish on Thursday, following the declaration of the minister of Saudi Arabia that major exporters would probably have to support crude markets. Brent crude rose by 1% to $76.89 a barrel. Meanwhile, WTI crude gained 0.8% to close at $67.33 a barrel.
read more... 26/10/2018
CEO: Rosneft has capacity to lift oil production by the end of 2018
Russia’s largest oil producer Rosneft has the capacity to increase its crude oil production by the end of 2018 and will have additional capacity available in 2019, chief executive Igor Sechin said on Thursday.
read more... 26/10/2018
Gazprom to build TurkStream's 2nd land section in 2019
Russian energy giant Gazprom is planning to start the construction of the overland section of the TurkStream second gas pipeline in 2019, Gazprom’s deputy chairman announced Thursday.
read more... 26/10/2018