Latest news
French strike cuts power capacity by 2 GW
A strike is cutting France’s power capacity by 2,055 MW on Wednesday morning, of which 665 MW was nuclear, 1,160 MW coal and 230 MW hydro, the latest transparency data showed.
read more... 18/12/2019
French power output down over 1.5 GW as workers start protest over restructuring
A strike by employees at French utility EDF in protest against a plan to restructure the state-controlled company cut power generation at two nuclear reactors and two gas-fired power plants on Wednesday evening, company data showed.
read more... 17/10/2019
Equinor strikes oil at Oseberg area
Norwegian offshore oil and gas firm Equinor had said it has made a profitable oil discovery in Oseberg area in the North Sea.
read more... 05/07/2019
Daily (17.05.2019): Brent crude added 1.2% on Thursday, due to rising tensions in the Middle East
Oil prices extended momentum on Thursday, on rising tensions in the Middle East, as Saudi Arabia responded to its recent attacks on its crude oil firm by launching air strikes on the Houthi-held capital Sanaa. Brent crude rose by 1.2% to $72.62 a barrel, while WTI Crude increased by 1.4% to $62.87 a barrel.
read more... 17/05/2019
Daily (22.01.2019): French spot power prices surged by 13.2% on Monday on reduced nuclear availability due to strike
Oil prices inched up on Monday amid investors’ optimism driven up by surging stock markets and signs of weaker crude production due to OPEC-led output cuts. A record crude oil refinery throughput in 2018 reported by China’s National Bureau of Statistics supported the prices. However, a slowing economy and tensions between US and China limited gains. Brent crude edged 0.1% higher at $62.74 a barrel, while WTI futures rose by 0.7% to $54.17 a barrel.
read more... 22/01/2019