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Serbian, Hungarian power exchanges to merge operations by end-2019

The power exchanges of Serbia and Hungary are expected to merge their business by the end of the year to create a strong regional player, Serbian energy minister Aleksandar Antic said.

read more... 23/08/2019

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Bristol businesses team up to power almost 3,000 homes with wind

Thrive Renewables and Bristol Energy will source 3.55MW of clean power from two onshore wind farms in Suffolk and Aberdeenshire

read more... 23/07/2019

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Daily (05.07.2019): EU carbon prices dropped by around 1.8% on Thursday in a weaker auction

Crude oil prices declined in a thin trading due to a public holiday in the U.S. on Thursday, influenced by a smaller-than-anticipated drop in the U.S. crude inventories. Concerns of a scarce demand stoked by weaker U.S. factory orders and slower business growth in Europe also weighed on prices. However, this week’s decision on the extension of OPEC+ output cuts limited losses. Against that background, Brent crude lost 0.8% to settle at $63.30 a barrel, while WTI futures ended 0.9% lower at $56.80 a barrel.

read more... 05/07/2019

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Uniper gets French approval for power assets sale to Kretinsky's EPH

German energy group Uniper said it had signed agreements to sell its power generation and distribution businesses in France to Central European energy group EPH after receiving approval from the French government.

read more... 05/07/2019

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Total strengthens US LNG business

Total has signed an agreement with Toshiba to take over its portfolio of LNG. It includes a 20-year tolling agreement for 2.2 million tpy of LNG from Freeport LNG train 3 in Texas and the corresponding gas transportation agreements on the pipelines feeding the terminal.

read more... 04/06/2019

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