Latest news
French weekly power exports soar on low domestic demand, nuclear gains
French power exports surged 63% week on week to average 10.3 GW for the seven days to Nov. 15 (week 47) as nuclear production ramped up and domestic demand remained low, according to system data.
read more... 17/11/2020
Daily (03.11.2020): Oil prices rebounded sharply on Monday as Russian producers may support OPEC extension of output cuts
Crude oil futures rebounded sharply on Monday after Russian oil producers declared that they may be willing to extend the OPEC+ oil output cut accord if current unsupportive market conditions persist. Hence, Brent crude surged by $1.51 or 4%, to close at $38.97 per barrel, while US benchmark WTI crude soared by $1.02 or 2.9% to settle at $36.81 a barrel.
read more... 03/11/2020
Russia’s Crude Oil Exports Drop 8% In January-August
Russia’s crude oil exports dropped by 7.9 percent year over year in the period January to August, according to Russian federal customs data cited by local cargo analytics outlet SeaNews.
read more... 29/10/2020
Russian Oil Companies Plan Significant Drilling Cuts For 2021
Russian oil producers who have already reduced their drilling activity by a third this year may cut it further by 20 percent, according to the chief executive of a major oilfield service provider.
read more... 16/10/2020
India may close its dirtiest coal plants as green focus grows
The plan under consideration by the power ministry would cap plants’ so-called heat rate, which is a measure of how much coal energy is needed to produce each unit of electricity, according to people with knowledge of the issue
read more... 07/10/2020