Energy news

New York may build a skyscraper equipped with wind turbines and solar facades

The project was created by the Parisian architectural studio Rescubika.

A field discovered by Turkey in the Black Sea may be larger than originally reported

The work on assessing the volume of the field is scheduled to be completed by mid-October this year.

Russian officials offer Germany a discount on gas to complete the construction of Nord Stream 2

This idea was proposed in the State Duma.

Naftogaz and Energoatom will jointly develop hydrogen energy in Ukraine

State energy companies have signed a relevant Memorandum.

Ukrtransnafta exposed two oil theft schemes

Since the beginning of the year, the division's employees have identified and eliminated 26 tie-ins in oil and condensate pipelines.

Ukraine will attract a loan for €300 million for energy efficiency

The loan will be provided by the European Investment Bank.

Oil prices continue to decline

The market is under pressure from the deteriorating prospects for the global economic recovery.

Turkey may revise prices for Russian gas

In recent years, the country has been reducing the volume of Russian gas imports.

Top shipping insurance group will not cover ships linked to Nord Stream 2

The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.

Analytics

Natural gas stocks in Europe

The total occupancy of European gas storage facilities (UGS) is 93.6%.

Electricity generation and consumption in January-August 2020

The volume of electricity production by enterprises of the IPS of Ukraine is 6.6% less compared to the corresponding period of 2019.

Day Ahead Market: August Results

Prices in Ukraine are lower than in neighboring European countries.

The DAM and IDM in the 1st half of 2020: surplus and low price

The weighted average price on the DAM is 12% lower, on the IDM – by 21% compared to the previous year.

Oil prices in March-July 2020: record highs

The situation with oil prices has not demonstrated stability over the past 4 months.

Gas price for household consumers 2018-2020

Gas has fallen in price by almost 3 times over the past year.

The structure of electricity production and consumption for 4 months of 2020

7.9% less electricity was produced than last year for this period, 5.6% less was consumed.

Price indices of the DAM in the IPS of Ukraine in April

Average weighted price decreased by 9.07% compared to March.

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