Latest news
Italy: final agreement to vend grid asset stakes to China
Italy has closed a final agreement to vend minority stakes in power grid company Terna and gas network operator Snam to a Chinese state-owned electricity group and Italian investors for 2.4 billion euros ($3 billion).
read more... 28/11/2014
Daily: British forward natural gas prices tumble as oil baffle pulls down commodities
Brent crude dropped to a four-year low under $76.30 a barrel on Thursday as it became more and more improbably that OPEC would curb oil production to increase prices during a meeting in Austria. Benchmark Brent futures declined by more than $1 to settle at $76.28 a barrel, the weakest level since September 2010. U.S. crude tumbled more than $1 to hit a session low of $72.61.
read more... 28/11/2014
France: elimination of credits for coal projects in emerging countries
France will stop export credits for energy projects in emergent countries which involve coal, the most polluting fossil fuel, as stated by President Francois Hollande on Thursday.
read more... 28/11/2014
Bosnia: EPBIH vends 2015 electricity surplus for $87 million
Bosnia's major electricity utility EPBiH has chosen five companies to purchase 1,600 gigawatt-hours (GWh) of its 2015 power excess for approximately 70 million euros ($87 million), as stated by an official of EPBiH on Thursday.
read more... 28/11/2014
Daily: German power prices hit an 8-1/2 month high on colder weather forecast
Crude oil prices dropped on Wednesday after OPEC announced that it would not curb oil output despite a collapse in prices. Benchmark Brent futures declined 58 cents to settle at $77.75 a barrel, while U.S. crude eased 40 cents to close at $73.69, after having hit a low of $73.30.
read more... 27/11/2014