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Hungary eyes 6 bln cu m of gas imports via Serbia as of Oct 2021 - Szijjarto

Hungary plans to buy up to 6 billion cubic metres of gas annually from a string of the TurkStream pipeline through Bulgaria and Serbia as of October 2021, Hungarian media reported on Tuesday.

read more... 25/06/2020

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Daily (24.06.2020): EUAs surpassed the €25- level for the first time in four months on Tuesday amid bullish economic data

Crude oil futures pulled back off the highest levels since before the coronavirus pandemic on Tuesday amid a sharp increase in COVID-19 cases and before the release of a weekly report which is expected to reveal that crude inventories have reached a new all-time high in the United States. However, the reassurance by the U.S. President Donald Trump that the trade agreement with China was “fully intact” limited losses. Hence, Brent crude declined by 45 cents, or 1%, to settle at $42.63 per barrel. At the same time, U.S. WTI crude settled 36 cents, or 0.9%, lower at $40.37 per barrel.

read more... 24/06/2020

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Tesla granted electricity generation licence in the UK

The electric car manufacturer and technology firm hopes to develop virtual power plants in the UK and in other countries using its ‘Autobidder’ real-time trading and control platform

read more... 24/06/2020

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Iberdrola secures option for majority stakes in Swedish offshore wind projects

IIberdrola said the projects, in the Baltic Sea, are at various stages of development and have a combined capacity of 9 gigawatts (GW)

read more... 24/06/2020

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Croatia's INA seeks strategic investment status for 250 mln euro bio-ethanol plant

Croatian oil and gas company INA said on Tuesday it has requested the economy ministry to award a strategic investment status to its 250 million euro ($282 million) project for the development of a bio-ethanol plant.

read more... 24/06/2020

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