Gas prices in Britain dropped because of the delay of Transitgas

26/08/2010 08:22 Natural Gas


Gas prices in Britain dropped after the aggressive selling of the contracts, according to the traders, and because of the weak demand in the nearby markets, since the news release about the delay of the Swiss-Italian connection Transitgas until the end of 2010.

The gas price reduced from 43 pence to 42.30 pence per therm, still gaining an intra-day low of 41.50 pence. According to the National Grid, on Tuesday the system had about 5 million cubic meters short. The Barrow South terminal gas flows have reduced to zero, still considered to be functioning normally, according to Centrica.

Cengiz Energy invests $150M in Uzbekistan power plant

22/09/2020 09:01:00

Power plant will be operated by Cengiz Energy for 25 years


KKR unit targeting 135-MW FRV solar project in India

22/09/2020 08:53:00

A unit of US private equity group KKR & Co (NYSE:KKR) is in advanced talks to buy the 135-MW Indian solar portfolio of Spain-based Fotowatio Renewable Ventures (FRV), the Economic Times reports.


Daily (21.09.2020): German spot power price fell by more than 13% on stronger wind output

21/09/2020 11:25:00

A slide in oil prices was noticed on Friday, as worries about the increasing number of coronavirus infections across the world stalled oil demand. Furthermore, a potential return of oil output from Libya weighed on the oil market. However, a new tropical storm in the U.S. Gulf of Mexico limited losses. Hence, Brent crude slipped by 0.4% to $43.15 a barrel. At the same time, the American WTI dropped by 0.3% to $41.11 a barrel.