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Essen becomes European Green Capital for 2017

The city of Essen in Germany becomes the European Green Capital for 2017, the title being awarded from Ljubljana by Karmenu Vella, Commissioner for the Environment, Maritime Affairs and Fisheries, in a ceremony on Saturday.

read more... 24/01/2017

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Daily (24.01.2017): German day-ahead power contract up 111% amid strong demand

Crude oil prices lost 1 percent on Monday as signs of a strong rebound in U.S. drilling activity eclipsed news that OPEC and non-OPEC producers were likely to meet output reduction objectives.

read more... 24/01/2017

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LNG oversupply will last until mid-2020s

Liquefied Natural Gas (LNG) oversupply will continue until the mid-2020s, according to a new survey from Aurora Energy, which states this is likely to reduce the value of contracts in the market as LNG reaches the bottom of its boom-bust cycle.

read more... 23/01/2017

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National Grid: Hard Brexit might cost UK energy sector

Exiting the EU energy market could reduce vital development and increase the cost of imported electricity, according to the National Grid, which has warned the move could enhance Britain’s probability of not being able to ‘keep the lights on’.

read more... 23/01/2017

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Poland hopes to purchase EDF's local assets by the end of the year

A conglomerate of Polish state-controlled energy company will hopefully acquire the Polish assets of France's EDF by the end of 2017, Deputy Energy Minister Grzegorz Tobiszowski declared on Friday.

read more... 23/01/2017

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