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Montenegro's EPCG to invest 700 mln euro in renewable energy projects by 2022

Montenegro's majority state-owned power utility company EPCG plans to invest a total of 700 million euro ($779.9 million) in the construction of renewable energy facilities with a total capacity of 500 MW by 2022, development and engineering director Ivan Mrvaljevic said.

read more... 22/10/2019

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Solar PV market set for growth over next 5 years: IEA

The world’s total renewable-based power capacity will grow by 50% between 2019 and 2024, according to an International Energy Agency (IEA) report on Monday.

read more... 21/10/2019

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Natural gas inventories surpass five-year average for the first time in two years

Working natural gas inventories in the Lower 48 states totaled 3,519 billion cubic feet (Bcf) for the week ending October 11, 2019, according to the U.S. Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report (WNGSR). This is the first week that Lower 48 states’ working gas inventories have exceeded the previous five-year average since September 22, 2017. Weekly injections in three of the past four weeks each surpassed 100 Bcf, or about 27% more than typical injections for that time of year.

read more... 18/10/2019

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French energy co Total to buy 37.4% stake in India's Adani Gas

Adani Gas said on Monday French energy giant Total SA would buy a 37.4% stake in the Indian gas distribution company.

read more... 15/10/2019

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Total wins new deep offshore block in Brazil

French Total and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th Bidding Round held by Brazil’s National Petroleum Agency (ANP).

read more... 11/10/2019

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