Latest news
Germany to choose between a coal levy and gradual phase out of coal power plants on July 1
Germany is considering two alternative proposals on how to curb CO2 emissions from the energy sector and would make a final decision on July 1, Economy Minister Sigmar Gabriel said on Wednesday.
read more... 25/06/2015
Germany’s Wintershall Norge receives drilling permit in Norwegian North Sea
The Norwegian Petroleum Directorate has granted Germany’s Wintershall Norge AS a drilling permit for well 10/4-1 in the south-eastern part of the North Sea.
read more... 24/06/2015
Germany economy ministry declares coal levy still on the table
Germany's government is still evaluating all suggestions on how to reduce CO2 emissions from coal-fired power plants, as declared by an economy ministry spokesman on Wednesday, discharging a report that a debated coal levy had been put on ice.
read more... 11/06/2015
Hungary will purchase stakes in local electricity units from RWE
Hungary's government has signed a letter of intent to purchase power units and an additional stake in Matrai Eromu, the country's second major electricity plant, from Germany's RWE , as stated by the government on Thursday.
read more... 29/05/2015
Daily: European forward power price rebound, while spot decline ahead of holiday in Germany and France
Crude oil prices declined by about 2 percent on Friday, spurred by a rallying dollar at a near one-month high and by profit-taking ahead of a long U.S. holiday weekend. North Sea Brent oil decreased by $1.17, or 1.8 percent, to settle at $65.37 a barrel. Brent fell 2.1 percent on the week. WTI crude fell $1.17 or 1.7 percent, to close at $59.72. It posted a 3 cents increase for the week, prolonging weekly gains for a 10th consecutive week.
read more... 25/05/2015