Latest news
BP to exit Alaska with $5.6bn sale to Hilcorp Energy
BP has agreed to sell its entire business in Alaska to Hilcorp Energy in a deal worth $5.6 billion (£4.6bn), exiting a state where it operated for six decades.
read more... 28/08/2019
Russian thermal coal production to grow to 550 million mt per year by 2035: Putin
Russian thermal coal production is set to grow over 100 million mt by 2035, as the country looks to invest in new coal infrastructure and focus increasingly on the growing Asia-Pacific region, President Vladimir Putin said in a meeting with heads of coal mining regions last week.
read more... 28/08/2019
Daily (27.08.2019): French spot power price hiked by more than 45% on higher demand predictions
Oil prices fell on Monday after France’s president rose hopes for an deal between the United States and Iran on nuclear standoff. Brent crude dropped by 1.1% to end at $58.70 a barrel. WTI crude lost 1% to close at $53.64 a barrel.
read more... 27/08/2019
Romania - one of largest lignite producers in EU
Lignite consumption in the European Union has halved in recent decades, reaching 370 million tonnes in 2018 from about 700 million tonnes in 1990, Eurostat figures show on Friday.
read more... 27/08/2019
Three quarters of Nord Stream 2 pipeline complete
The Nord Stream 2 gas pipeline project is now 75% complete, the Nord Stream Company responsible for its construction said in a statement Monday.
read more... 27/08/2019