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UK to lose its crown in terms of renewables investments

The UK is likely to lose its attractiveness in terms of renewables investments, following government decision to curb its subsidies for clean technology, according to a quarterly report published by EY.

read more... 16/09/2015

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Italy: A2A will submit bid for 51% of LGH this week

A2A, Italy's largest regional utility, will submit a non-binding offer to purchase 51 percent of smaller peer Linea Group Holding (LGH) this week, as stated by sources close to the matter.

read more... 16/09/2015

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Engie signed its first retail LNG deal in the United Kingdom

ENGIE has just inked its first retail LNG sales agreement in the UK with FLOGAS Britain, one of the biggest alternative energy solutions suppliers to industrial clients in the UK. Over a period of 18 months, ENGIE will supply 8,000 tonnes of LNG to FLOGAS Britain from Isle of Grain terminal (South-East coast of the UK). Altogether, 400 Flogas Britain trailers will be loaded to supply industrial firms that are not linked to the natural gas grid. Operations will launch in the next few weeks.

read more... 16/09/2015

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Daily: U.S. crude posts a 3% hike spurred by gains on Wall Street

WTI crude oil boosted by around 3 percent on Tuesday, spurred by gains on Wall Street, higher gasoline prices and a robust inventory draw report, while Brent increased modestly. U.S. crude's front-month rose by 59 cents, or 1.3 percent, to settle at $44.59 a barrel. In post-settlement trade, it climbed as much as $1.25, or 2.8 percent, to $45.25 a barrel by 4:50 p.m. EDT (2050 GMT), as a reaction to the API stockpiles report. London-traded Brent crude edged 26 cents higher at $46.63 a barrel as the October contract expired.

read more... 16/09/2015

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EEX registers first trade on recently launched renewable contract

The European Energy Exchange (EEX) on Monday registers its first trades in its new cap future product for renewable energy that performs as an insurance against green power price increases.

read more... 15/09/2015

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