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Egypt targets the increase in natural gas output by 100% by 2020
The Egyptian petroleum ministry declared that the three recently discovered gas fields will boost Egypt’s natural gas output by 50% the next year, and double it by 2020.
read more... 18/07/2017
EU ministers have reached compromise on 2021 energy saving targets
The EU promised to take the lead on climate after US President Donald Trump withdrew the country from the Paris Agreement. EU ministers took the first step on Monday, reaching mutual understanding towards implementing the Paris Agreement on lowering carbon emissions and limiting the effects of the global warming.
read more... 28/06/2017
Daily (27.06.2017): British wholesale gas prices rose by 2-3% on Monday
Oil prices surpassed last week's seven-month lows on Monday. The higher supplies threaten OPEC efforts and its partners to reduce global oil inventories with production cuts. Investors in U.S. crude futures and options increased their bets against a further rise in oil prices.
read more... 27/06/2017
At least five companies likely to bid for Gas Natural's Italian assets
At least five energy and infrastructure companies are likely to place non-binding offers for the Italian assets of Spain's Gas Natural, as stated by two sources close to the matter on Friday, adding foreign funds were also looking at the agreement.
read more... 26/06/2017
Netherlands: Extra measures required to meet 2020 greenhouse gas reduction targets
The government of Netherlands declared on Monday it would meet its objective to reduce greenhouse gas emissions by 25% in the year 2020 from 1990s level, only if extra measures will be taken.
read more... 21/06/2017