Latest news
Snam, Enagas and Fluxys close acquisition of DESFA
The European consortium formed by Snam (60%), Enagás (20%) and Fluxys (20%) today completed the acquisition of a 66% stake in DESFA, the operator of Greek natural gas transport network, to the Assets Development Fund of the Republic Hellenic (HRADF) and Hellenic Petroleum, for an amount of €535 million.
read more... 20/12/2018
Solar projects on Balearic Islands to get EUR 40m in state aid
Spain's Balearic Islands government announced on Monday it will offer a EUR-40-million (USD 45.37m) credit line to aid the construction of photovoltaic (PV) projects.
read more... 18/12/2018
Transgaz gets EUR 50 million EIB loan to build a new pipeline for Black Sea gas
The European Investment Bank (EIB) will award EUR 50 million to finance a new pipeline to connect Romania’s natural gas resources in the Black Sea shore with the national gas transport network as well as the BRUA corridor, according to a statement by the Economy Ministry.
read more... 18/12/2018
Daily (17.12.2018): EUA’s hiked by 4.6% on Friday, or around 15% increase week-on-week.
Oil prices shed on Friday, after data indicated a lower-than-forecasted demand for crude in China and weaker stock markets. Brent crude lost 1.9% to $60.28 a barrel. Meanwhile, WTI crude tumbled by 2.6% to $51.20 a barrel.
read more... 17/12/2018
Daily (14.12.2018): European year-ahead power prices surged by over 2% on Thursday, amid a bullish energy complex
Oil prices rose on Thursday after a sharp decline in U.S. crude inventories. Accordingly, WTI crude increased by 2.8% to $52.58 a barrel. Concerns over a deficit of crude in the market, following the recent agreement between OPEC and Russia on a 1.2 million bpd production cut, also contributed to a price boost. Brent crude added 2.2% to close at $61.45 a barrel.
read more... 14/12/2018