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Maersk, Dong Energy mull $10 bln oil merger

Danish companies Maersk and Dong Energy envisage a $10 billion merger of their oil and gas operations to shore up their defenses against low oil prices.

read more... 29/11/2016

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Gazprom receives greater access to German Opal gas pipeline

German energy watchdog has given the green light of Gazprom’s subsidiaries to have greater access to the Opal pipeline.

read more... 29/11/2016

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EDF’ s Edison will acquire Eni’s Italian energy retail business

Italian energy group Edison, a unit of French utility EDF is interested in acquiring oil company Eni’s retail business.

read more... 29/11/2016

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Daily: French spot electricity price surges over 70 euros as temperatures fell

Crude oil prices firmed more than 2 percent on Monday in volatile trading, recovering losses as the market reacted to uncertain conditions that top producers will be able to agree on output reductions at a meeting on Wednesday. U.S. West Texas Intermediate crude futures rose $1.02, or 2.21 percent to settle at $47.08 a barrel. Brent crude gained $1.00, or 2.12 percent, to close at $48.24 a barrel. In post-settlement trading, oil futures paired gains on reports that OPEC experts did not agree on the details of a deal to curb production.

read more... 29/11/2016

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Finland has announced it will completely phase out coal by 2030

Finland has announced plans to phase out coal by 2030 in an attempt to considerably reduce greenhouse gas emissions.

read more... 28/11/2016

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