Latest news
EIB to provide 110 mln euro loan to BEH for Greece-Bulgaria gas link construction
The European Investment Bank (EIB) said on Thursday that it will provide a 110 million euro ($121 million) loan to state-owned Bulgarian Energy Holding to fund part of the Gas Interconnector Greece-Bulgaria (ICGB) project, which will also help establish a link with the Trans Adriatic Gas Pipeline (TAP).
read more... 10/10/2019
Exxon to make $500 million initial investment in Mozambique LNG project
Exxon Mobil plans to invest more than $500 million in the initial construction phase of its liquefied natural gas (LNG) project in Mozambique.
read more... 08/10/2019
EU lends €21m for energy efficiency in Bucharest
The European Investment Bank (EIB) has agreed to lend €21.1 million (£19m) for the third phase of an energy efficiency project in Bucharest.
read more... 08/10/2019
Shell to launch gas expansion project at UK's Pierce field
Shell and its partner Ithaca Energy have taken a final investment decision to build new gas production facilities at the UK's Pierce field in the Central North Sea.
read more... 07/10/2019
Daily (30.09.2019): European spot power prices seen in a sharp fall on Friday due to strong supply
Crude oil prices lost ground on Friday, after media reported about a potential reduction of the U.S. investment portfolio into China, raising prospects of an aggravation of the U.S.-China trade tensions. Further pressure came from a contraction in the profits earned by Chinese industrial companies in August. In addition, Saudi Arabia’s strong efforts to bring its oil output back on track sooner than expected continued to weigh on prices. Brent crude fell by 1.3% to $61.91 a barrel, while WTI futures inched down by 0.9% at $55.91 a barrel.
read more... 30/09/2019