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Renewables power in German public supply tops 40% in 2018

Renewables were responsible for 40.4% of Germany’s net electricity production on the public grid last year and ranked as the second largest power generation source, a new report shows.

read more... 09/01/2019

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BP approves $1.3bn expansion of Atlantis oil field in Gulf of Mexico

BP has approved the $1.3bn phase 3 development of the Atlantis oil field located in deepwater Gulf of Mexico, offshore US.

read more... 09/01/2019

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Shell finalizes Hazira LNG stake buy from Total

The Hague-based LNG giant Shell said Wednesday it completed the previously announced acquisition of 26 percent equity interest in the Hazira LNG regasification terminal in India from France’s Total.

read more... 09/01/2019

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German CO2 auctions set to resume in Feb: European Commission

German auctions of carbon dioxide allowances are expected to resume in February, the European Commission said late Monday, after a halt since November 2018 due to licensing issues.

read more... 08/01/2019

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Eskom asks for 45% power tariff hike over next 3 years (South Africa)

South African state-run power utility Eskom has submitted a request to the domestic regulator NERSA (National Energy Regulator of South Africa) for a 45% electricity price hike spread over the next three years. Public hearings on Eskom’s demand for an initial 15% electricity tariff increase are expected to start later in January 2019.

read more... 08/01/2019

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