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BP Plc has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after the plant failed to hit operating targets last year, according to people familiar with the matter.
By Reuters Staff (Adds works to reconnect the reactor later on Friday) SOFIA, Jan 22 (Reuters) - The Kozloduy nuclear power plant in Bulgaria has shut down one of its two 1,000 megawatt units after a protection system was activated at its Unit 5 following a routine technical operation, a senior Bulgarian official said on Friday. “During a technical operation the automatic defences activated at 0117 a.m. local time. All systems have been checked and there is no reason for concerns in the public,” Ramadan Atalai, a member of the parliamentary energy commission told the national BNT channel....
By Reuters Staff 3 Min Read PARIS, Jan 21 (Reuters) - European spot electricity prices for Friday delivery jumped as power generation from wind turbines is set to tumble and French nuclear availability is down. * German baseload power for Friday surged 45.4% to 43.25 euros ($52.51) per megawatt hour (MWh) by 1012 GMT. * The equivalent French contract was up 20.7% at 51 euros/MWh. * Power from wind turbines in Germany is set to tumble 10.1 gigawatts (GW) on Friday to 30.5 GW, and is expected to fall in France by nearly 5 GW to 5.8 GW, Refinitiv Eikon data showed. * Wind power in Germany is exp...
Australia's Woodside Petroleum Ltd sees the liquefied natural gas (LNG) market tightening this year, with demand growing especially in Asia, after prices were battered by a supply glut in 2020, its chief executive said on Thursday.
2 Min Read FILE PHOTO: Gregorio Rojas, president of the community Fuerabamba arrives to take part in negotiations with Chinese-owned miner MMG Ltd, the Peruvian government and the Catholic Church aimed at ending a dispute with an indigenous community that has blocked roads to the company's Las Bambas mine, at the Episcopal Conference of Peru, in Lima, Peru April 6, 2019. REUTERS/Henry Romero/File Photo LIMA (Reuters) -A three-week-long roadblock protest by locals has prevented Las Bambas mine in Peru, run by Australia-based MMG Ltd, from exporting 189,000 tonnes of copper concentrate, a minin...