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Iberdrola to enter Italy's retail electricity market by the end of the year
Spanish utility Iberdrola will enter Italy's retail electricity market by the end of the year and is aiming 5-7 percent of the nation's over 37 million consumers, one of the group's top managers declared on Tuesday.
read more... 19/07/2017
Macron might have persuaded Trump to change his mind about the Paris agreement
French President Emmanuel Macron said there is hope that U.S. President Donald Trump might change his mind in regard to the withdrawal of the United States out of the Paris climate agreement.
read more... 18/07/2017
Egypt targets the increase in natural gas output by 100% by 2020
The Egyptian petroleum ministry declared that the three recently discovered gas fields will boost Egypt’s natural gas output by 50% the next year, and double it by 2020.
read more... 18/07/2017
Saipem designated to build offshore LNG platforms in the Arctic
Russia’s Novatek is planning on surpassing Qatar, the world’s leading exporter in LNG, with the help of Italy’s Saipem, which is expected to be assigned to build LNG platforms on the Gydan Peninsula in the Arctic.
read more... 18/07/2017
Daily (18.07.2017): UK gas price jumped by almost 7% on Monday on high exports to the continent
Oil prices fell on Monday for the first time in the last six sessions. In a monthly report released on Monday, the U.S. EIA estimated a rise in August oil production from seven major US shale players, compared with July, with the Permian Basin expected to see the largest output climb. Brent crude decreased by 1% to close at $48.42 a barrel, while WTI price dropped by 1.12% to end at $46.02 a barrel.
read more... 18/07/2017