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Equinor eyes $1 billion gain from offshore wind sale to BP

Norway’s Equinor expects to book a profit of around $1 billion from its sale of a 50% stake in two U.S. offshore wind power developments to BP, a company executive told Reuters on Thursday.

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German rail giant says goodbye to diesel with alternative fuel trials

Deutsche Bahn will test a train running on eco-diesel, which allegedly reduces carbon dioxide emissions by 90%

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First European reactor loads EnCore accident tolerant fuel

Lead test assemblies of EnCore accident tolerant fuel (ATF) have been installed in Engie Electrabel's Doel unit 4 in Belgium, Westinghouse Electric Company and ENUSA Industrias Avanzadas (ENUSA) have announced. Doel 4 is the second commercial nuclear power plant in the world, and the first in Europe, into which EnCore assemblies have been installed.

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Daily (10.09.2020): German spot power price surged by around 30% on Wednesday due to weaker renewables generation

Crude oil futures soared on Wednesday as traders showed hopes for a steady recovery in global demand.

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Daily (09.09.2020): Oil prices tumbled to their lowest level since June on Tuesday amid Saudi price cut, COVID-19 surge

Crude oil futures tumbled to their lowest settlement since June on Tuesday, with Brent plunging below $40 amid a persistent surge in coronavirus cases worldwide and after Saudi Arabia decided to cut its oil prices in October. The end of U.S. summer holiday driving season added further pressure on U.S. WTI price. Hence, Brent crude for November delivery fell by 5.3% to close at $39.78 a barrel. At the same time, U.S. WTI crude plummeted by 5.9% to end at $36.76 a barrel.

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