Latest news
Poland signed the deal with U.S. for the first LNG deliveries to start in June
This week, Polish gas firm PGNiG signed with U.S. Cheniere Energy the deal to import the American LNG.
read more... 27/04/2017
Daily (27.04.2017): The German electricity spot price 8% down
Oil prices continued their sliding trend on Wednesday as data showed a growth in U.S. crude inventories, while record oil supplies in the rest of the world put doubt on OPEC's ability to reduce supplies and tighten the market.
read more... 27/04/2017
Polish Energa is reviving a project to build a 1 GW coal-fired power plant with big bank backing
Many Western banks are divesting from the coal industry, nevertheless, Polish Energa fossil fuel project is funded through banks and the European Investment Bank. The main scope for Poland is to protect 80,000 jobs in national coal mines. Public opinion in the West is against the use of polluting fossil fuels. Pressure is high, like in December 2015 when Paris Agreement on climate change was promoted by U.N., society pledges to quit coal.
read more... 27/04/2017
EDF EN gets into German market through Futuren wind park takeover
EDF EN is planning a 320 million euro ($350 million) purchase of Futuren, a French wind developer, from a group of investment funds in order to repower old wind parks and get into the German market, as stated on Tuesday by Antoine Cahuzac, the chief of EDF Energies Nouvelles (EN).
read more... 26/04/2017
Daily (26.04.2017): EU carbon prices continue to decline below 4.50 euros/ton
Oil prices settled slightly higher on Tuesday in seesaw trading as unexpected build in U.S. crude inventories offset much of the production cuts by OPEC and other nations trying to reduce a global glut in crude.
read more... 26/04/2017