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RO market regulator wants higher natural gas reserves, warns of uncertain imports

Romania’s energy market regulator ANRE drafted new regulations requiring natural gas producers and suppliers to build up higher reserves ahead of the cold season, quoting risks of “reduced” transfer of natural gas through Ukraine and limited capacities of the interconnectors with other states (Hungary and Bulgaria), according to a release published on August 27.

read more... 29/08/2019

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Thuga, CEE eye 500 MW of zero-subsidy solar in Germany

The renewables platform of the Thuga Group of municipal utilities and private equity group CEE have tied up to jointly build and operate about 500 MW of solar plants in Germany without using state subsidies.

read more... 29/08/2019

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Equinor, Total team up to explore for oil & gas offshore Sri Lanka

According to several media reports, including Colombo Page, Ceylon Today, and Reuters, the country’s government on Tuesday signed a two-year offshore exploration deal with France’s Total and Norway’s Equinor.

read more... 29/08/2019

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Daily (28.08.2019): Brent crude surged by 1.4% on Tuesday on forecasts for a decline in U.S. crude inventories

Oil prices surged on Tuesday lifted by expectations for a drop in U.S. crude inventories. However, the bullish mood was limited by fears concerning a recession and uncertainty over a China-U.S. trade deal. Brent crude gained 1.4% to end at $59.51 a barrel. WTI futures rose 2.4% to $54.93 a barrel. 

read more... 28/08/2019

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Bosnia's Federation net electricity output falls 5.7% year-on-year in July

The net electricity production of Bosnia's Federation decreased to 677 GWh in July from 718 GWh in the same month of 2018, the entity's statistical office said on Tuesday.

read more... 28/08/2019

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