Latest news
PGE decides to acquire EDF's Polish power plants for $1.2 billion
Poland's biggest electricity producer PGE has decided to purchase French group EDF's local power and heating plants for 4.51 billion zlotys ($1.2 billion) counting debt, in a move to raise market share and give the state more control over the country's energy assets.
read more... 22/05/2017
Germany: A capacity of 807 MW approved at onshore wind parks
Germany approved a capacity of 807 megawatts (MW) at onshore wind parks on Friday, stating the price at which it granted the projects was below expectations in a sign that competition in the industry will lead to lower prices for users.
read more... 22/05/2017
UK to stay in EU ETS after Brexit, as predict carbon market industry figures
According to a Thomson Reuters survey, organized among over 700 carbon market participants, such as traders, company representatives and government officials, almost 50% of respondents believe that the UK will remain in the EU Emissions Trading System (ETS) after Brexit.
read more... 19/05/2017
Russia: Gazprom Neft purchases licence to develop the Novosamarskoye field, Orenburg Oblast
Gazprom Neft has purchased a subsoil usage license issued by the Federal Subsoil Resources Management Agency for the Novosamarskoye field in the Orenburg Oblast. The license, for the exploration and production of hydrocarbons, is valid until 5 May 2037. The total area of the licensed block is 26.56 square kilometers.
read more... 19/05/2017
Daily (19.05.2017): EU carbon prices surged over 4% to a monthly high
Oil prices continued to grow on Thursday, as most of the major producing countries suggested they would extend supply cuts to reduce an ongoing global crude glut.
read more... 19/05/2017