Latest news
France: EC conditionally approves state aid for the Landivisiau gas-fired power plant
Earlier this week EC has approved France’s plan to offer state assistance to the 400MW Landivisiau gas-fired power plant in Brittany.
read more... 17/05/2017
Germany and Austria power market split is set to start in October 2018
Electricity transmission companies from Germany and Austria will split their currently joined power markets from Oct. 1, 2018, aiming to allow more traffic at reduced costs and less technical risks, as stated by regulators in both countries on Monday.
read more... 16/05/2017
Russia and Saudi Arabia are supporting the extension of oil production cuts until March 2018
The world’s biggest oil producers – Russia and Saudi Arabia – agreed on Monday that the oil output cut deal should be extended for another 9 months in the hope to push up the prices.
read more... 16/05/2017
Daily (16.05.2017): Oil prices jumped by 2% on Monday
Oil prices jumped on Monday, after the world’s two biggest producers, Saudi Arabia and Russia, stated that an extension of the crude production cuts is likely from the middle of this year until March 2018.
read more... 16/05/2017
Romania to begin gas production at a newly discovered field in 2019
According to the last week’s statement of the Romanian government, Romgaz, the state-owned gas producer, will begin production at a newly, biggest discovered gas field in three decades, in 2019.
read more... 16/05/2017