Japanese electric utility Kansai Electric Power Co Inc has agreed to buy a minority stake in the firm holding the 211.4-MW Piiparinmaki wind project in central Finland.
read more... 28/04/2020
EDF reported new faults on back-up generators at four of its 900 MW nuclear reactors earlier this month to French nuclear safety authority ASN, with repairs having been completed, it said on Tuesday.
read more... 28/04/2020
European gas forwards, which slumped to record lows on Friday, are set to fall further as robust piped and LNG supplies compete for market share at least until the third quarter, analysts said.
read more... 28/04/2020
Crude oil futures crashed on Monday amid signs that the worldwide oil storage is filling rapidly, increasing worries that production reductions will not come fast enough to fully offset the collapse in demand due to the coronavirus pandemic. Hence, Brent crude fell by $1.45, or 6.8%, to settle at $19.99 a barrel. At the same time, the U.S. WTI crude plunged by $4.16, or 24.6%, to end at $12.78 a barrel
read more... 28/04/2020
Crude oil prices inched higher on Friday, after U.S and Canadian oil producers cut the number of active rigs by the most in a month since 2015. Consequently, Brent crude for June delivery traded 0.5% higher at $21.44 a barrel. Similarly, WTI futures rose by 2.7% to $16.94 a barrel.
read more... 27/04/2020