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E.ON to purchase 3TWh of clean energy annually from RWE Renewables

Global energy company E.ON has signed an agreement to purchase clean energy from RWE Renewables’ British windfarms.

read more... 13/11/2019

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Daily (08.11.2019): NBP spot jumped by 5.5% on Thursday amid higher demand and weaker Norwegian pipeline supply

Crude oil prices firmed on Thursday, amid optimistic signs from China suggesting that the trade deal with the U.S. is moving closer to a much-awaited conclusion, raising hopes for a stronger crude demand. Under such circumstances, WTI futures spiked by 1.4% to $57.15 a barrel, while Brent crude inched up by 0.9% at $62.29 a barrel.

read more... 08/11/2019

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Equinor makes Norway oil, gas find of up to 100 million barrels

Norwegian energy major Equinor and its partners have found oil and gas at the Echino South prospect near the Fram field in the North Sea, the company said on Wednesday.

read more... 06/11/2019

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Daily (04.11.2019): NBP spot surged by 25.5% on Friday due to lower Norwegian flows and an expected spike in heating demand

Crude oil prices posted robust gains on Friday, stimulated by higher-than-expected U.S. employment data in October and optimism that Chinese factory activity expanded at the fastest rate since 2017. On trade talks side, the U.S. and China are moving closer towards a Phase One trade deal, which might be signed this month. That bullish background sent WTI futures 3.7% up at $56.20 a barrel, while Brent crude hiked by 2.4% to $61.69 a barrel.

read more... 04/11/2019

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Equinor awards $359m contracts for Hywind Tampen windfarm

Norwegian energy company Equinor has awarded contracts worth Nkr3.3bn ($359m) on behalf of Gullfaks and Snorre partners for the development of Hywind Tampen windfarm.

read more... 01/11/2019

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