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Norway: Statnett obtains 0.3 bln euro loan from EIB for electricity cable to Germany
Norway's grid operator Statnett obtained a 300 million-euro ($336.33 million) loan from the European Investment Bank to finalize its electricity cable to Germany, according to the company on Friday.
read more... 02/06/2017
California carbon trading market could be linked with China
California Governor Jerry Brown declared on Thursday about his plan to discuss merging carbon trading markets in his state and China when he goes to Asia later this week, denoting his ambition to influence global climate change policy.
read more... 02/06/2017
Italy: Eni inked an $8 billion deal to develop a gas field off the coast of Mozambique
Italian energy company Eni inked an agreement valued at $8 billion on Thursday to develop the Mozambique’s Coral South field, discovered in May 2012, which contains about 450 billion cubic meters, or 16 trillion cubic feet (tcf) of gas.
read more... 02/06/2017
Daily (02.06.2017): British wholesale gas prices fell on Thursday, on lower demand
Oil prices increased on Thursday after a larger-than-expected domestic inventory drawdown, offering some relief amid investor uncertainty that OPEC-led reductions will be sufficient to rebalance an oversupplied market. Brent crude rose by 32 cents, or 0.64%, to settle at $50.63. Meanwhile, U.S. crude futures closed cents higher at $48.36 a barrel.
read more... 02/06/2017
Daily (31.05.2017): European power curve prices hit their peak in three months on Tuesday
Oil prices plunged by around 1% on Tuesday, on signs of resurgent crude production in Libya and worries that extended output cuts might not be sufficient to drain a global glut.
read more... 31/05/2017