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Global offshore capacity nears 30GW with 6GW 2019 surge

The offshore wind industry installed just over 6GW of new capacity in 2019, taking total capacity to 29GW, according to figures released by the Global Wind Energy Council (GWEC).

read more... 20/03/2020

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Daily (19.03.2019):Crude oil prices at 18-year lows and carbon prices down at 15 euros per tonne on continued coronavirus concerns

Crude oil prices hit 18-year lows on Wednesday, as governments force local lockdowns in response to the coronavirus outbreak, affecting global oil and fuel demand. Brent crudeplunged by 13.4% to $24.88 a barrel. WTI futures traded 24.4% down at $20.37 a barrel.

read more... 19/03/2020

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Russia and Bangladesh expand nuclear cooperation

A number of documents have been signed between Russian state nuclear corporation Rosatom and the government of Bangladesh that will enhance existing bilateral cooperation in the use of atomic energy for peaceful purposes. Russia is currently constructing a two-unit nuclear power plant at Rooppur, Bangladesh.

read more... 19/03/2020

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German hydrogen pipeline planned to aid green industry shift

A group of gas grid operators, oil and utility firms is planning a 130-kilometre hydrogen pipeline to supply industrial customers in north-west Germany, Open Grid Europe (OGE) said.

read more... 19/03/2020

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Russia sees oil and gas revenue drop nearly $ 40 billion

Russia’s oil and gas revenue will be $ 39.5 billion (3 trillion rubles) less than expected due to falling oil prices Russian Finance Minister Anton Siluanov said on Wednesday, adding that Russia’s budget will be in deficit this year.

read more... 19/03/2020

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