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Daily (18.08.2020): British September gas soared to multi-month highs on Monday amid stronger LNG prices worldwide
Strong OPEC+ compliance with their production cut deal in July and reports that China would boost U.S. crude imports as a first phase of the two nations’ trade deal lifted oil prices on Monday. Hence, Brent crude rose by 57 cents, or 1.3%, to settle at $45.37 a barrel. Meanwhile, U.S. WTI crude edged 88 cents higher, or 2.1 %, to close at $42.41 a barrel.
read more... 18/08/2020
Danske Commodities signs 15-year PPA for 480MW of capacity from Dogger Bank
The offshore wind farm is the biggest in the world and boasts a total capacity of 3.6GW, enough to supply 4.5 million homes with renewable power
read more... 18/08/2020
GE to deliver turbines for 69-MW wind project in Lithuania
The renewable energy unit of General Electric Co (NYSE:GE) today announced it will equip a 68.9-MW wind project in Lithuania that reached financial close last week.
read more... 18/08/2020
End of an era as one of England’s last coal mines to close
Coal has been extracted from the Bradley mine in County Durham for the final time
read more... 18/08/2020
Daily (17.08.20): A sharp drop in German spot power price due to cooler temperatures
A slow recovery in demand and strong supply weighed on oil prices on Friday. Brent crude closed at $44.80 a barrel, falling by 16 cents, or 0.4%. Meanwhile, the American WTI lost 23 cents, or 0.5% to end at $42.01 a barrel.
read more... 17/08/2020