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
The European consortium formed by Snam (60%), Enagás (20%) and Fluxys (20%) today completed the acquisition of a 66% stake in DESFA, the operator of Greek natural gas transport network, to the Assets Development Fund of the Republic Hellenic (HRADF) and Hellenic Petroleum, for an amount of €535 million.
read more... 20/12/2018
The European Commission (EC) has given the green light to a EUR-600-million (USD 677m) public support scheme in France that aims to encourage solar power generation from innovative installations.
read more... 29/11/2018
The Slovak Republic has made significant progress on several fronts of energy policy, and together with its neighbors and with the support of the European Union, has strengthened cross-border connections for natural gas, oil and electricity.
read more... 20/11/2018
Oil prices edged lower on Monday, following OPEC’s reaction to add more supply in order to cover potential losses of Iranian barrels, after sanctions against crude exports from the Islamic Republic were re-imposed on November 4. Brent crude was almost flat at $70.12 a barrel, while WTI crude lost 0.4% to $59.93 a barrel.
read more... 13/11/2018