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Swedish Vattenfall cancels the sale of Germany’s Gasag

Swedish utility Vattenfall and German peer E.ON announced that they cancel the sale process of their joined participation in Gasag, the eastern German gas supplier, as consequence of its weak bid.

read more... 10/05/2010

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Gas trading volume doubled in Germany last year

According to British consultancy Prospex, German gas trading volume increased more than twice in 2009, reaching 955.2 TWh, up from 407.8 TWh in 2008, mainly due to faster merging of gas transmission zones.

read more... 07/05/2010

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Recovery of the European energy demand

Energy demand in Europe has recovered in the period of 2009-2010, caused by the economic crisis, when gas and electricity demand reduced.

read more... 07/05/2010

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A possible merger between Gazprom and Naftogaz

Russian Prime Minister Vladimir Putin proposed at a meeting of the intergovernmental committee, a merger between Russian giant gas company Gazprom and Ukrainian energy company NAK Naftogaz.

read more... 04/05/2010

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SunPower will add 40 MW capacity to California Valley Solar Ranch

SunPower agreed with Pacific Gas & Electric (PG&E) to add 40 MW of capacity to Sun Power’s existing contract with PG&E for 210 MW, executed in August 2008, as to develop a 250 MW solar photovoltaic power plant in San Luis Obispo County, CA.

read more... 03/05/2010

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