Latest news
Daily (15.05.2017): European spot electricity prices fell by 10-13%, EUAs at 4.5 euros/ton again
Oil prices slightly grew on Friday, boosted by the news about lower U.S. crude inventories and traders’ hope that the global supply glut can be reduced by continued OPEC-led production cuts.
read more... 15/05/2017
French and US utilities join together to sell LNG
French and US utilities have teamed up to sell liquefied natural gas (LNG) in Central America. ENGIE and AES will use the Costa Norte LNG terminal presently under construction in Panama.
read more... 15/05/2017
Innogy energy group signals more costs reductions at its unit in the UK
Innogy, the biggest energy group in Germany, is losing customers in the UK and warned of more cost cuts at a business which is not likely to make a profit in 2017 because of increasing competition.
read more... 12/05/2017
French company starts UK home energy business
The French company ENGIE is challenging UK’s six largest energy providers - Centrica, SSE , Scottish Power, Npower, E.ON and EDF Energy - by starting a new home energy business, that will propose to its clients the lowest tariffs at the end of fixed term deals.
read more... 12/05/2017
Oil industry firm BP started gas production at two Egypt fields
BP has initiated gas production at two fields - The Taurus and Libra fields - located in its West Nile Delta development offshore Egypt.
read more... 12/05/2017