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Top Oil Exporter Saudi Arabia, Led By The Crown Prince And New Prime Minister, Is Greening Up.

Top Oil Exporter Saudi Arabia, Led By The Crown Prince And New Prime Minister, Is Greening Up.

With oil production at 11 million bpd (barrels per day) Saudi Arabia is the second top oil producer – a country of population only…

Ontario Power Generation and ČEZ to collaborate on SMRs

Ontario Power Generation and ČEZ to collaborate on SMRs

The Czech Republic's ČEZ and Canada’s Ontario Power Generation have signed a memorandum of understanding to collaborate on "deploy…

EU Parliament backs MidCat pipeline, despite French opposition

EU Parliament backs MidCat pipeline, despite French opposition

The European Parliament voted on a resolution to tackle energy prices on Wednesday (5 October), which includes the relaunch of the…

Four EU countries float ‘dynamic’ price corridor for gas

Four EU countries float ‘dynamic’ price corridor for gas

Several EU countries proposed limiting volatility in the gas market by introducing a “dynamic price corridor” to prevent prices fr…

Clearing the fog around heavy industry’s carbon market claims

Clearing the fog around heavy industry’s carbon market claims

Ahead of the next trialogue talks between the EU institutions on the Emissions Trading System (EU ETS), scheduled on 10 October, t…

EXCLUSIVE: France urges Brussels to label nuclear-produced hydrogen ‘green’

EXCLUSIVE: France urges Brussels to label nuclear-produced hydrogen ‘green’

French Energy Minister Agnès Pannier-Runacher is trying to get EU Energy Commissioner Kadri Simson to include nuclear among energy…

French project to export gas to Germany from October in final stages

French project to export gas to Germany from October in final stages

France is on its way to approving a project to export 100 Gigawatt hours per day of gas to Germany from 10 October as the Energy R…

Nuclear plant loses power line as Moscow, West energy row escalates

Nuclear plant loses power line as Moscow, West energy row escalates

A critical nuclear power plant in Ukraine again lost external power, international energy officials said on Saturday (3 September)…

Russia scraps Nord Stream 1 reopening, stoking European fuel fears

Russia scraps Nord Stream 1 reopening, stoking European fuel fears

Russia has scrapped a Saturday 3 September deadline to resume flows via a major gas supply route to Germany, deepening Europe’s di…

Russian oil price cap wins G7 support, but level still to be determined

Russian oil price cap wins G7 support, but level still to be determined

G7 finance ministers on Friday (2 September) agreed to impose a price cap on Russian oil to slash Moscow’s revenues while keeping…

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Event calendar

9th International LNG Congress (LNGCON 2023)

06. 03. 2023 - 07. 03. 2023
Dusseldorf, Germany
The International LNG Congress is the annual closed-door event which creates a special networking and accumulating industry knowledge platform for its...

Petrochemical & Refining Congress: Europe 2023

22. 05. 2023 09:00 - 23. 05. 2023 19:00
Petrochemical and Refining Congress is an annual downstream oil and gas B2B networking platform which is gathering more than 350 industry leaders from...

Energy news

Nordex and Fraunhofer IWES develop new wind turbine testing method

German manufacturer Nordex and research institute Fraunhofer Institute for Wind Energie Systems (Fraunhofer IWES) have developed a…

Will Germany’s energy policy lead to economic failure? | Hans-Werner Sinn

Despite ambitious green goals, the country’s over-reliance on Russian gas has forced it back to coal and expensive imports. Say wh…

Rumors Of The Demise Of OPEC’s Production Cuts Greatly Exaggerated

Oil prices bounced back Tuesday as members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies disput…

‘False solutions’: scepticism over Saudi carbon capture plan

Saudi Arabia is bolstering years of negotiation tactics designed to stymie vital climate negotiations with a focus on carbon captu…

The EV Transition Explained - Engineering a new cyber-physical system at scale within the decade poses daunting challenges

From the outside, there is little to tell a basic Ford XL ICE F-150 from the electric Ford PRO F-150 Lightning. Exterior changes c…

Energy news

Commodity data

Electricity

Base
297.34
-24.53 %
Peak
336.12
-26.44 %
OffPeak
258.55
-21.9 %
Base
361.76
-9.56 %
Peak
402.9
-12.1 %
OffPeak
320.62
-6.15 %
Base
31.96
-23.27 %
Peak
36.1
-17.52 %
OffPeak
27.83
-29.61 %
Base
359.79
-8.55 %
Peak
426.6
-8.44 %
OffPeak
292.98
-8.72 %
Base
372.51
-6.5 %
Peak
445.96
-6.01 %
OffPeak
299.07
-7.22 %
Base
336.08
-8.97 %
Peak
389.86
-7.16 %
OffPeak
282.3
-11.34 %
Base
610.63
-1.94 %
Peak
670.45
3.23 %
OffPeak
510.58
-11.03 %
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