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Romania has the lowest energy consumption in the EU
Romania has the lowest energy consumption per capita in the European Union and needs to increase its domestic consumption by expanding distribution networks and investing in new natural gas-based power plants.
read more... 16/10/2018
Scottish Power to use 100% wind power after sale to Drax
Scottish Power will become the first major UK energy company to generate all its electricity from wind power instead of coal and gas, after selling its final gas and hydro stations to Drax.
read more... 16/10/2018
Equinor begins production from Oseberg Vestflanken 2 field
Equinor and its partners have commenced production from the Oseberg Vestflanken 2 field in the Norwegian North Sea through the unmanned Oseberg H platform.
read more... 16/10/2018
Daily (15.10.2018): The German spot power price fell by almost 21% on Friday, due to stronger wind generation and lower demand
Oil prices were slightly higher of Friday, as the impact of the Hurricane Michael left several platforms in the Gulf of Mexico inactive, contributing to a drop in the U.S. crude production. Consequently, Brent crude closed 0.2% up at $80.43 a barrel.
read more... 15/10/2018
Cuadrilla to start shale gas fracking in UK
UK’s onshore oil and gas exploration company Cuadrilla is set to finally start hydraulic fracturing in Lancashire, northwest England, following a temporary setback Saturday due to weather conditions, Kallanish Energy reports.
read more... 15/10/2018