Latest news
Daily (25.08.2020): British front-month gas price rallied by about 10% on Monday amid reduced available export capacity in Norway
Oil prices ended higher on Monday as storms Marco and Laura expected later in the week halted more than half of oil production in the Gulf of Mexico. As a result, Brent crude rose by 78 cents, or 1.76%, to settle at $45.13 a barrel. At the same time, U.S. WTI crude settled at $42.62 a barrel, rising by 28 cents, or 0.7 %.
read more... 25/08/2020
Elia, 50Hertz issue offshore substation tender
Belgian grid operator Elia and its German counterpart 50Hertz have issued a tender for transformers and related equipment for offshore wind substations.
read more... 25/08/2020
Turkey’s giant gas find worth $80 billion: IEA Head
Around $6 billion investment is necessary to start production from field, IEA Executive Director says
read more... 25/08/2020
GE building largest wind turbine rotor test rig at Dutch site
The renewables unit of General Electric Co is building what it says is the largest wind turbine rotor test rig of its kind at a site in the Netherlands.
read more... 25/08/2020
Daily (24.08.2020): NBP spot tumbled by 7% on Friday as strong wind weighed on gas-for-power demand.
Oil prices declined on Friday amid concerns over the second wave of the Covid-19 that could dent fuel demand. However, better than expected data for US housing and manufacturing indicators limited the losses. As a result, Brent crude fell 1.2% to settle at $44.35 a barrel. Similarly, WTI futures lost 1.1% to end at $42.34 a barrel
read more... 24/08/2020