Latest news
Norway opening 2 offshore wind areas with 4.5-GW potential
The Norwegian government today announced it will be opening two areas for offshore renewables that provide the opportunity to develop a combined 4,500 MW of wind power.
read more... 15/06/2020
Daily (15.06.2020): Brent and WTI crude plunged by 8% for the week amid fears of a second wave of contamination
Crude oil futures were little changed on Friday, with the U.S. WTI crude declining slightly by 0.2% to settle at $36.26 a barrel amid concerns about second wave of virus infections in the U.S. which could threaten the demand recovery. On the contrary, Brent crude for August delivery rose by 18 cents, or 0.5%, to settle at $38.73 a barrel. Both oil benchmarks broke their first weekly winning streak after six straight weeks of gains, to plunge by over 8% last week.
read more... 15/06/2020
Daily (12.06.2020): Brent crude dropped by over 8% on Thursday amid resurgence in coronavirus cases and gloomy demand outlook
Crude oil futures plunged on Thursday amid concerns about a second wave of Covid-19 and doubts about the strength of the global economic recovery. Hence, Brent crude for August delivery fell by $3.18, or 7.6%, to settle at $38.55 a barrel. At the same time, U.S. WTI crude dived by $3.26, or 8.2%, to settle at $36.34 a barrel. Both contracts, Brent and WTI posted their worst daily drops since April 21 and 27, respectively.
read more... 12/06/2020
Siemens, Total to work on “green” LNG production
A unit of German engineering giant Siemens has entered into a deal with French energy group Total to advance new concepts for “green” liquefied natural gas production.
read more... 12/06/2020
IAEA: Reactors are maintaining safe operation during pandemic
There has been no enforced shutdown of a nuclear power reactor due to the effects of COVID-19 on the workforce or supply chains, according to reports from operators and regulators received through the International Atomic Energy Agency's (IAEA's) COVID-19 Operational Experience Network (OPEX) and International Reporting System for Operating Experience (IRS).
read more... 12/06/2020