Latest news
Scatec Solar completes the 390 MW Benban project in Egypt
The Norwegian solar project developer and power plant operator Scatec Solar ASA and partners have grid connected the last of the six 65 MW solar power plants in Egypt.
read more... 31/10/2019
RWE buys 1.5-GW-plus offshore wind pipeline in Poland
The renewables unit of German energy group RWE AG has acquired a pipeline of up to four Polish offshore wind projects with a total potential capacity of more than 1.5 GW, it announced today.
read more... 28/10/2019
Statkraft to add 500 MW of wind power in Brazil - report
Norwegian state-owned energy company Statkraft AS plans to invest roughly BRL 2 billion (USD 482.6m/EUR 432.7m) in the development of nearly 500 MW of wind projects in Brazil.
read more... 22/10/2019
Daily (17.10.2019): NBP spot slumped by over 8% on Wednesday amid firmer Norwegian exports and lower gas-for-power demand
Speculations about a potential extension of crude supply cuts by OPEC and its allies as of December led to a recovery in crude oil prices on Wednesday. The greenback’s slide coupled with short covering in anticipation of an industry report on U.S. crude inventories also contributed to the market rally. Still, concerns over tighter crude demand and expectations for higher crude stocks in the U.S. limited gains. Against that backdrop, Brent crude rose by 1.2% to 59.42 USD/bbl, while WTI futures advanced by 1% to 53.36 USD/bbl.
read more... 17/10/2019
PGNiG makes oil and gas discovery at Skarv field in Norwegian Sea
PGNiG Upstream holds 40% share in the PL838 license, which is located in the Norwegian Sea and is directly adjacent to the Skarv and Ærfugl licenses
read more... 16/10/2019