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Audax Renovables and Innogy signed a 100 GWh PPA in Spain
Spanish utility Audax Renovables S.A. has signed a Power Purchase Agreement (PPA) with German energy group Innogy SE regarding the supply of green power from Innogy’s 50 MW »Alarcos« solar farm.
read more... 22/11/2019
Daily (21.11.2019): The 3.3% hike in WTI crude due to a lower-than-predicted growth in U.S crude inventories lent support to the entire energy complex
Oil prices increased on Wednesday following a report indicating that U.S crude inventories rose lower than expected. Moreover, Russia promised to continue its cooperation with OPEC to maintain a balanced oil market. Brent crude jumped by 2.5% to $62.40 a barrel. WTI crude climbed by 3.3% to $57.01 a barrel.
read more... 21/11/2019
Russia's Gazprom to sell 3.6% stake worth $3.3 billion
Russia’s Gazprom, the world’s largest gas producer, said on Thursday it was selling 3.6% of its shares in a second offering this year, completing the sale of its so-called quasi-treasury shares.
read more... 21/11/2019
British Gas owner Centrica loses another 107,000 energy customers
British Gas owner Centrica (CNA.L) on Thursday said that it lost a further 107,000 customers from its struggling energy supply business in the four months to October, even as it told investors that the decline was “significantly lower” than it had been last year.
read more... 21/11/2019
Polish state company among prospective bidders for Exxon’s Black Sea operations in RO
Polish state-owned oil and gas group PGNiG is among the prospective bidders interested in US group ExxonMobil’s 50% stake in the Neptun Deep offshore perimeter, in Romania’s Black Sea, G4Media.ro informs.
read more... 21/11/2019