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Category archives for power plant

The dollar and equities have gotten a relief, while oil has surged.

  • 05 October, 2021
  • 3:14 pm EEST

Markets: NZD leads, JPY lags on the day European equities higher; S&P 500 futures up 0.5% US 10-year yields up 1.7 bps to 1.498% Gold down 0.8% to $1,756.43 WTI up 1.0% to $78.40 Bitcoin up 2.0% to $49,950 European…

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Cyclone Shaheen halts oil exports from the UAE port of Fujairah

  • 04 October, 2021
  • 4:19 pm EEST

At a time when the UAE confirmed the decline in the strength of Cyclone Shaheen and its transformation into an air depression accompanied by medium and light rains on a number of regions of the country, oil shipments in the…

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Norway plans to close its last coal mine in the Arctic by 2023

  • 01 October, 2021
  • 2:59 pm EEST

State-owned Norwegian Coal Company (SNSK) plans to close its last mine in the Arctic archipelago of Svalbard by 2023. The move is set to support Norway's goal to reduce its overall carbon emissions, even though it is a major oil…

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Sweden.. Restarting an oil-powered power plant Because of the high prices

  • 27 September, 2021
  • 3:51 pm EEST

Uniper has started operating the Karlsman power plant in the southern Swedish county of Blekinge, which is fueled by oil, The Local.SE website reported. The company had suspended the operation of the station, due to the high oil prices, and…

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The Atomic Energy Agency expects a jump in the generation of “nuclear electricity” to 792 GW by 2050 from 393 GW last year

  • 20 September, 2021
  • 4:36 pm EEST

In the global pursuit of carbon neutrality, the Atomic Energy Agency has forecast a promising future for nuclear power in generating clean electricity, even raising its forecast for nuclear electricity generation by 2050, an increase of 10% from last year.…

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