The start of commercial operations on the new 1.4-GW NordLink cable linking Norway and Germany on Dec. 9 boosted hourly power prices in Norway’s NO2 zone to almost Eur100/MWh ($121/MWh), Continue Reading
European energy groups Iberdrola from Spain , Orsted from Denmark and Snam from Italy have joined a green hydrogen project that aims to develop up to 25 GW of worldwide Continue Reading
The days of peak oil consumption for the global economy may be over and the trend could affect Russia’s budget revenue, the country’s deputy finance minister, Vladimir Kolychev, warned. “The Continue Reading
Britain warned the European Union on Thursday that it must make significant concessions to break the impasse in Brexit trade talks by the end of the weekend to give some Continue Reading
Boris Johnson and the EU have set a Sunday deadline for a “firm decision” on the fate of their future-relationship negotiations after three hours of “frank” talks in Brussels ended Continue Reading
When Alina Kosova’s uncle fell ill in their Siberian village last month, the ambulance sent from the nearby city of Omsk left without him, prompting his family to drive him Continue Reading
as data released from the American Petroleum Institute showed a build in crude and product inventories, with the continued progression of the pandemic also weighing on the market. Receive daily Continue Reading
Oil prices inched higher on Wednesday, paring earlier losses, as positive news on COVID-19 vaccines lifted investor hopes for a recovery in fuel demand, outweighing concerns over an unexpected jump Continue Reading
The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 1.141 million barrels for the week ending December 4. Analysts had predicted an inventory draw Continue Reading
The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 1.141 million barrels for the week ending December 4. Analysts had predicted an inventory draw Continue Reading
