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Importers hike the price of Russian gas in Romania
WIEE, a company that imports Russian natural gas to Romania, notified its customers about a 2% price hike effective January 1, 2019, local Economica.net reported.
read more... 15/01/2019
Italy plans 50 GW PV, 18.4 GW wind to meet 2030 target
Italy will aim to reach 50 GW of solar photovoltaic (PV) capacity at end-2030 under its new climate and energy plan, the target for wind is 18.4 GW.
read more... 15/01/2019
Daily (14.01.2019): Oil prices down by around 2% on Friday on concerns over global economic growth
Oil prices lost nearly 2% as the recent pessimistic economic data added to persisting worries about global economic growth. Nevertheless, oil markets posted gains on a weekly basis, due to OPEC-led output cuts and expectations for progress in U.S.-China trade talks. Brent crude fell by around 2% to $60.48 a barrel, while WTI futures settled about 2% down to $51.59 a barrel.
read more... 14/01/2019
Russia’s coal exports, production hit 5-year high in 2018
Russia’s production and exports of coal hit last year their highest levels since 2013, according to Platts estimates of data from Russia’s Energy Ministry.
read more... 14/01/2019
Trans Adriatic Pipeline secures €3.9bn project financing
The Trans Adriatic Pipeline, which will be laid between the Turkish-Greek border and Italy, aims to bring Caspian natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The pipeline will also have a subsea section of 105km in the Adriatic Sea.
read more... 14/01/2019