Engie to cut gas prices in France by 3.3% in May

20/04/2017 09:23 Natural Gas

news

French utility Engie will reduce consumer gas prices in France by 3.3 percent starting from May 1, as reported by Le Figaro.

Since the opening of the French gas market in 2007, former monopoly Engie continues to sell gas to retail customers at tariffs established by energy regulator CRE, but also sells gas at unregulated prices to retail and corporate customers.

 

Le Figaro announced that Engie has filed a request to the CRE to cut the prices, stating that approximately 6 million households would be affected by this move.

 

A spokeswoman with Engie did not comment.

British Petroleum decided to sell North Sea assets to Serica Energy

22/11/2017 14:20:00

British Petroleum decided to sell its oil and gas assets in North Sea to Serica Energy in an agreement estimated at £300 million.

<READ MORE

Belgium commits €1 million to IRENA for climate issues

22/11/2017 13:32:00

The Walloon government in Belgium pledged €1 million financing to the International Renewable Energy Agency (IRENA) for renewable power aid in the framework of the government’s plan to fight climate change under National Determined Contributions.

READ MORE

Daily (22.11.2017): EU carbon contracts posted 0.7% losses on Tuesday

22/11/2017 11:15:00

Oil prices surged on Tuesday, buyout by expectations of an extension next week to OPEC production cuts, but were under pressure from signs of increased output in the United States.

READ MORE