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EU opens investigation into tax agreements between Luxembourg and Engie
European Union antitrust regulators opened an investigation on Monday into tax agreements offered by Luxembourg to French power utility Engie, stepping up the EU's campaign against tax evasion by multinationals.
read more... 21/09/2016
Vattenfall CEO envisages sale of Moorburg coal plant in next 5 years
Swedish utility Vattenfall intends to vend its new coal-fired plant in Moorburg, Germany, in the next five years, as declared by its chief executive on Monday.
read more... 21/09/2016
Daily: British gas prices tumble as gas imports recover
Crude oil evolved differently on Tuesday, with WTI recovering from six-week lows on anticipated demand for crude after Colonial Pipeline Co is likely to restart its main gasoline line by Wednesday. The American Petroleum Institute reported a 7.5-million-barrel draw in U.S. crude oil supplies on Tuesday, instead of the increase that many expected. Brent crude for November delivery lost 7 cents to settle at $45.88 a barrel after the release of the API report. U.S. WTI crude for October delivery rose 14 cents to close at $43.44.
read more... 21/09/2016
Construction starts at NordLink power interconnection between Norway and Germany
TenneT Holding BV, Statnett SF and KfW celebrated the start of construction of the 1.4 GW NordLink subsea cable project, the first direct link between the Norwegian and German energy markets.
read more... 20/09/2016
EBRD ready to back Bulgaria
The European Bank for Reconstruction and Development (EBRD) is ready to back Bulgaria's plans for a regional natural gas hub and will offer financial support if the project proves feasible, the bank's president declared on Monday.
read more... 20/09/2016