Serbia aims to complete the construction of its section of TurkStream pipeline for transit of Russian natural gas to Europe by December 15, 2019, the head of state-owned monopoly Srbijagas, Dusan Bajatovic, said on Monday, Serbian Seenews reported.
read more... 22/01/2019
Spanish utility Iberdrola announced today it plans to start construction work in the next few months on a 111-MW wind project at home.
read more... 22/01/2019
Oil prices rose on Friday as China presented a plan aimed at increasing purchases of U.S. goods in order to reduce the trade surplus with the U.S. to zero by 2024. The recent OPEC’s report showing weaker oil output also lent support to prices. However, the continuous trade disputes between the two major economies boosted fears over slower global economic growth and lower demand for fuel. Brent crude traded 2.5% higher at $62.70 a barrel, while WTI futures surged by 3.3% to $53.80 a barrel.
read more... 21/01/2019
Germany is expected to import 45-million tons of hard coal in 2019,up roughly 1.4% from 2018 despite mounting competition from renewable energy, as the closure of domestic mines reduces domestic supply, importers say.
read more... 21/01/2019
The French energy group Engie will take full control over the Wirom Gas distribution firm that is currently controlled by Gazprom (51.1%) with the rest of 48.8% shares held by Engie.
read more... 21/01/2019