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France to lend €80 million to India for two hydropower projects

The French Development Agency (AFD) has granted an €80m credit for the development of two hydroelectric plants (HEP), expected to provide 78MW of renewable energy in the Chanju river basin in Himachal Pradesh, India.

read more... 06/07/2017

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Daily (05.07.2017): German spot power contract rose by over 11% on Tuesday

Oil prices flirted with both positive and negative territory on Tuesday, as many traders closed positions ahead of the U.S. Independence Day holiday on July 4. Brent also faced technical resistance as it approached $50 a barrel, on tentative signs that a persistent rise in U.S. crude production might be slowing. Brent crude decreased by 7 cents to end at $49.61 a barrel, while the WTI price settled at $47.05 a barrel.

read more... 05/07/2017

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Third Energy presents shale gas fracking plans for UK

Third Energy has presented its final fracking plans for shale gas in North Yorkshire.

read more... 05/07/2017

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Bulgarian regulator will open tender for support in Kozloduy decommissioning

Bulgaria’s Nuclear Regulatory Agency (BNRA) intents to use €3 million from the funds provided by the European Bank for Reconstruction and Development for the decommissioning of the units 1-4 of the Kozloduy nuclear power plant.

read more... 05/07/2017

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Daily (04.07.2017): British prompt gas prices rose by almost 6% on Monday

Oil prices increased on Monday, resuming its longest trend of daily gains in more than 5 years after data pointed to falling U.S. output. Even though some analysts consider that rising OPEC production could cap gains and reverse the tendency to bearish in the nearest future. Brent crude soared by almost 3.7% to end at $49.68 a barrel, while the WTI price jumped by 2.24% to settle at $47.07 a barrel.

read more... 04/07/2017

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