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Lukoil may sign agreement on new offshore block in Kazakhstan

Russian energy company Lukoil will be ready to sign an agreement with Kazakhstan on a new offshore project in the Caspian Sea this May, CEO of the Russian oil producer Vagit Alekperov told Tass.

read more... 21/03/2019

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Daily (20.03.2019): EU carbon prices fell by more than 3% on Tuesday, due to a bearish energy complex and continued Brexit uncertainty

Crude prices diverged slightly on Tuesday. On one side, prices were supported by OPEC-led supply cuts OPEC. On the other side, rising U.S. output put pressure on the market. Brent crude edged 0.1% higher at $67.61 a barrel, while WTI crude traded 0.1% lower at $59.03 a barrel.

read more... 20/03/2019

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Ofgem backs 600MW Shetland grid link

UK energy regulator Ofgem said is it minded to approve construction of a 600MW subsea interconnector from Shetland to mainland Scotland to support renewables expansion.

read more... 20/03/2019

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Iberdrola breaks ground on 500-MW PV plant in Spain's Extremadura

Spanish energy giant Iberdrola SA broke ground Monday on a 500-MW photovoltaic (PV) complex in the autonomous region of Extremadura.

read more... 19/03/2019

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Nordex bags 108 MW of orders from Greece's Terna Energy

Germany’s Nordex has received orders to deliver 108 MW of wind turbines for several projects in Greece, the manufacturer said today.

read more... 13/03/2019

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