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Novatek seals Arctic LNG 2 deal with partners and subcontractor

Russia’s largest private natural gas extractor and liquefied natural gas (LNG) producer Novatek has entrusted a new subcontractor with building gas liquefaction facilities for Arctic LNG 2, its second LNG project to be developed in the Arctic.

read more... 08/08/2019

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Energy bills to fall by £75 as Ofgem lowers price cap

Energy bills are set to fall by around £75 for millions of households in Britain this winter after Ofgem announced a reduction in the price cap.

read more... 08/08/2019

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E.ON sold German nuclear power forward at below-market levels

German utility E.ON said on Wednesday it had sold forward the bulk of its nuclear generation volumes for 2019, two thirds of those for 2020 and a third of 2021 at prices below the current wholesale market.

read more... 08/08/2019

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Daily (07.08.2019): NBP spot plunged by 12.8% on Tuesday, due to rising production at the Bacton and Teesside facilities

Crude oil prices declined on Tuesday, on worries about the U.S. China trade war that might weigh on the global crude demand. Consequently, Brent crude dropped by 1.5% to $58.94 a barrel, while WTI futures decreased by 1.9% to $53.63 a barrel.

read more... 07/08/2019

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Equinor to co-invest in 120-MW wind project in Argentina

Norwegian multinational Equinor ASA will subscribe to shares in the firm behind a 120-MW wind farm being constructed in Argentina, it announced on Tuesday.

read more... 07/08/2019

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