Latest news
Power links from Norway to have reduced capacity until end-2023
Upgrades to the grid in southern Norway during that period will lead to capacity reductions on interconnectors
read more... 05/11/2020
Saudi Gas Production Jumps To Record
Saudi Arabia produced a record volume of natural gas earlier this year, the Kingdom’s state oil giant Aramco said in its Q3 results release on Tuesday, as the world’s top oil exporter looks to boost its position in natural gas.
read more... 05/11/2020
Daily (04.11.2020): Oil prices hit their highest level in a week on Tuesday amid hopes OPEC will curb production
Oil prices continued to climb on Tuesday, hitting their highest levels in a week amid hopes for a new stimulus package following the US elections and that the supply of black gold will be restrained due to the intervention of the main producing countries. Hence, Brent crude for January delivery soared by 74 cents, or 1.9%, to close at $39.71 per barrel. Meanwhile, U.S. WTI crude for December delivery increased by 85 cents, or 2.3%, to settle at $37.66 per barrel.
read more... 04/11/2020
‘UK’s largest battery’ plugged into Balancing Mechanism
Flexitricity has begun optimising Gresham House’s 50MW battery in South Yorkshire
read more... 04/11/2020
French company abandons plans to import US gas
The company had been in talks on a nearly $7 billion contract to supply LNG from a liquefaction facility that NextDecade plans to build in Texas to use the ample supplies of natural gas from fracking in the region
read more... 04/11/2020