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EconMin Popescu: We took measures to complete gas markets liberalization; we expect 10-15 pct drop in prices

Minister of Economy Virgil Popescu on Thursday told the Government meeting that measures were taken to allow the liberalization of the natural gas market starting with July 1, while mentioning that a drop in the prices by 10-15 per cent is to be expected as a result.

read more... 26/06/2020

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British solar firm bags €20m to build two solar farms in the Netherlands

The projects could provide enough clean energy to power more than 9,000 homes

read more... 26/06/2020

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Total's Lampiris unveils PPA for Belgium’s 309-MW Rentel offshore wind farm

Belgium power and gas supplier Lampiris will be buying the electricity produced by the 309-MW Rentel offshore complex in the Belgian North Sea.

read more... 25/06/2020

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Daily (25.06.2020): Oil prices fell sharply by over 5% on Wednesday amid surging coronavirus cases and a record increase in U.S. crude stocks

Crude oil futures fell sharply on Wednesday as new coronavirus cases in Germany and across several U.S. states is threatening oil recovery. Moreover, the record increase in U.S. crude inventories added further pressure on oil markets. Hence, Brent crude dived by $2.32, or 5.4%, to settle at $40.31 a barrel. At the same time, U.S. WTI crude ended at $38.01 a barrel, sinking by $2.36, or 5.8%.

read more... 25/06/2020

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Siemens Gamesa to supply 100 turbines for offshore wind project in the UK

The wind farm once finished, could power more than 1.2 million homes with green energy

read more... 25/06/2020

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