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Northland and ORLEN begin work on Poland’s first offshore wind farm

The offshore construction of the Baltic Power offshore wind farm, a joint venture between Orlen Group and Northland Power, has begun with the installation of monopile foundations in the Baltic Sea.

read more... 10/02/2025

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Daily (10.02.2025): British near-term gas prices increased on Friday amid LNG supply concerns

Oil prices rose slightly on Friday, driven by concerns over potential disruptions to global trade and energy markets, following President Trump's plans to impose reciprocal tariffs on several countries. The broader uncertainty surrounding the escalating U.S.-China trade conflict added to market volatility, influencing oil price movements as investors reacted to global economic risks.

read more... 10/02/2025

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European spot power prices fell on Thursday due to stronger renewables generation

Oil prices fell slightly on Thursday, due to concerns over global trade wars, particularly the escalating U.S.-China trade conflict, which could slow global GDP growth and reduce oil demand. Thus, Brent crude edged 0.4% lower, closing at $74.29 per barrel. WTI crude slipped by 0.6%, settling at $70.61 per barrel.

read more... 07/02/2025

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UK expands nuclear power plans with SMRs and regulatory reforms

The UK government has announced a shift in its nuclear energy policy to approve additional nuclear power plants across England and Wales.

read more... 07/02/2025

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Egypt signs $3 billion LNG deals with Shell and TotalEnergies

Egypt has signed deals worth about $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied natural gas (LNG) to cover demand for 2025, three trading sources told Reuters.

read more... 07/02/2025

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