Latest news
CEZ holds out for a better price in the sale of Bulgarian assets
Czech utility CEZ plans to sell its Bulgarian assets, for which 5 bidders were shortlisted. The company should settle on a transaction by the end of the year, or in case it cannot obtain the right price, it might scrap it, as told by a board member to Reuters. The names of the bidders were not disclosed, but it is said that the firms had experience in the Balkans, as announced by Tomas Pleskac.
read more... 28/09/2017
Norway: Statoil and partners intend to expand production capacity at Troll gas field
Norway's Statoil and partners are trying to raise the production capacity of Troll, the country's biggest gas field, a move considers by traders as a possibility to enable the firms to create more flexibly and cover production shortages at other fields because of outages.
read more... 27/09/2017
France plans to invest 20 billion euros in energy transition
The French government intends to make an investment of around 20 billion euros in energy transition, out of which 9 billion euros are aimed to improve energy efficiency, 7 billion for renewables, and 4 billion to accelerate the switch to cleaner vehicles.
read more... 27/09/2017
Daily (27.09.2017): EU year-ahead power prices down, tracking coal and carbon
Oil prices fell on Tuesday after investors took profit following a jump to 26-month highs supported mainly by menaces from Turkey to reduce crude exports from Iraq’s Kurdistan region.
read more... 27/09/2017
Ukraine's gas storage for winter increases by 16%
Ukraine's gas storage is filled up with about 16 bWillion cubic metres (bcm), or a 16 percent increase from a year earlier, as stated by Ukrtransgaz.
read more... 26/09/2017