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Russia to take on Australia and Indonesia in Asian coal market
SUEK, Russia’s largest coal producer, intends to boost sales to Thailand, Vietnam and other Southeast Asian countries.
read more... 17/09/2018
Norway’s Offshore Oil Boom Is Back On
The rise in oil prices brought about the recovery of Norway’s oil industry, with companies lining up plans to invest in boosting oil production on the Norwegian Continental Shelf (NCS)—surely most welcome news for Western Europe’s biggest oil and gas producer, which faces a decline from the mid-2020s onwards if new large discoveries are not made soon.
read more... 17/09/2018
Daily (14.09.2018): Power and gas markets turned bearish on Thursday, after a 18% decline in carbon prices
Oil crude prices lost momentum on Thursday, mainly due to investors’ focus on mounting trade tensions between the world’s major economies, the U.S. and China, that could threaten demand. Brent crude ended 2% down at $78.18 a barrel. Meanwhile, WTI crude price tumbled by 2.5% to $68.59 a barrel, despite a larger-than-expected draw in U.S. inventories.
read more... 14/09/2018
Acciona invests US$64 million in 57MW PV project in Ukraine
ACCIONA Energía has started construction on a 57MW PV installation in Dymerka, northern Ukraine, that will see the company invest approximately US$64 million in the site.
read more... 14/09/2018
Engie wind JV eyes 2GW in India
French energy company Engie and compatriot investor STOA are partnering to develop 2GW of wind capacity in India over the next five years.
read more... 14/09/2018