Crude oil futures rallied to their highest levels since Sept.18 on Monday alongside stronger equities, spurred by expectations for a coronavirus relief-aid package in the United States and stronger demand growth in China. However, concerns about fuel demand due to rising coronavirus cases limited gains. Hence, Brent crude rose by 51 cents, or 1.2%, to end the session at $42.43 a barrel. Meanwhile, U.S. WTI crude gained 35 cents, or 0.9%, to settle at $40.60 a barrel.
read more... 29/09/2020
Vattenfall has opened its first floating solar farm in Gendringen, the Netherlands.
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Daily (28.09.2020): European CO2 prices lost 2.3% on Friday, due to a weak auction and a bearish energy market
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In Camp de Tarragona, energy developers have presented 20 projects to build new wind farms. Sixteen are concentrated in Conca de Barberà (some shared with Anoia and La Segarra) and the rest in Baix Camp, in Vandellós-l’Hospitalet de l’Infant. The Renewable Energy Report, which makes a first screening of viability, has given eight the green light and has rejected eight.
read more... 28/09/2020
Equinor EQNR.OL and its partners in Norway's Breidablikk oil discovery have agreed on an 18.6 billion Norwegian crowns ($1.95 billion) development plan for the North Sea field, the state-controlled company said on Monday.
read more... 28/09/2020