Latest news
Belarus connects first nuclear unit to grid
Belarus has connected its first nuclear unit to the grid — a 1.2GW reactor at the Astravyets plant. The unit is due to begin commercial operations in the first quarter of 2021.
read more... 04/11/2020
Daily (03.11.2020): Oil prices rebounded sharply on Monday as Russian producers may support OPEC extension of output cuts
Crude oil futures rebounded sharply on Monday after Russian oil producers declared that they may be willing to extend the OPEC+ oil output cut accord if current unsupportive market conditions persist. Hence, Brent crude surged by $1.51 or 4%, to close at $38.97 per barrel, while US benchmark WTI crude soared by $1.02 or 2.9% to settle at $36.81 a barrel.
read more... 03/11/2020
Poland's PGNiG requests talks with Gazprom on contracted gas price
Poland's state-controlled PGNiG said Nov. 2 it has requested talks with the export arm of Russian gas giant Gazprom to renegotiate the gas contract price for deliveries from Russia.
read more... 03/11/2020
Germany raises offshore wind targets
The ruling parties of Germany's coalition government on Monday agreed a new target of 40GW of installed offshore wind for 2040, paving the way for offshore wind to become the "main pillar" of the country's energy transition.
read more... 03/11/2020
Norwegians Got Paid To Use Electricity As Prices Fall Below Zero
Electricity prices in parts of Norway fell below zero for the second time in history early on Monday, and residents in southern Norway ‘got paid’ for using electricity as power producers have to pay to sell electricity when prices are negative.
read more... 03/11/2020