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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

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Malaysia's TNB purchases a stake of 50% in 365MW UK solar portfolio

Malaysian national electric utility Tenaga Nasional Berhad (TNB) has finalized the purchase of a 50% stake in a 365MW solar portfolio in the UK from a unit of Terraform Power for £470 million.

read more... 15/05/2017

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EU approves France’s plan to develop 17 gigawatts of renewable energy

It has been announced last week that EU has approved France’s plan to develop three different schemes for the expansion of around 17 GW of onshore wind, solar, and sewage gas installations in the country.

read more... 15/05/2017

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Daily (15.05.2017): European spot electricity prices fell by 10-13%, EUAs at 4.5 euros/ton again

Oil prices slightly grew on Friday, boosted by the news about lower U.S. crude inventories and traders’ hope that the global supply glut can be reduced by continued OPEC-led production cuts.

read more... 15/05/2017

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French and US utilities join together to sell LNG

French and US utilities have teamed up to sell liquefied natural gas (LNG) in Central America. ENGIE and AES will use the Costa Norte LNG terminal presently under construction in Panama.

read more... 15/05/2017

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