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Europe's energy giants turn greener, but paths and targets diverge
Europe’s top oil and gas companies, which account for roughly 7% of global crude consumption, have committed themselves to greenhouse gas emission reduction targets which vary in scope and detail, making them hard for investors to compare.
read more... 17/04/2020
Daily (17.04.2020): EUAs expiring in 2021 soared by 8.5% on Thursday due to nuclear concerns in France
Crude oil futures ended on a mixed note on Thursday, with Brent recording minor gains as some European countries decided to loosen up coronavirus restrictions. Hence, Brent crude rose by 13 cents, or 0.5%, to settle at $27.82 a barrel. U.S. WTI crude was unchanged at $19.87 a barrel, marking the second straight day at its lowest level since February 2002.
read more... 17/04/2020
Daily (16.04.2020) Brent crude hit an 18-year low on Wednesday, due to the biggest weekly rise in the U.S crude stocks
Oil futures posted losses on Wednesday, fluctuating around 18-year lows, due to the biggest weekly surge ever in the U.S. crude inventories (19 million barrels). The coronavirus pandemic also put pressure on prices, as global demand is expected to fall to quarterly-century lows. As a result, Brent crude dropped by 6.5% to $27.69 a barrel. WTI futures traded 1.2% lower at $19.87 a barrel.
read more... 16/04/2020
All turbines up at Belgium's 219-MW Northwester 2 offshore wind park
All MHI Vestas turbines at the 219-MW Northwester 2 offshore wind farm being built in Belgian waters have been installed, the turbine manufacturer said today.
read more... 16/04/2020
Russia's Gazprom eyes capacity increase on China gas export link
Russia's Gazprom is working to boost the capacity of its landmark gas pipeline to China -- the Power of Siberia -- as it looks to ramp up flows via the line.
read more... 16/04/2020