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Daily (27.07.2017): UK wholesale gas prices jumped by 5.37% on Wednesday
Oil prices continued to rose on Wednesday. The U.S. crude stockpiles fell sharply last week as refineries boosted output. Nigerian output slipped this week as leaks forced Shell to shut oil exporting pipeline. long-awaited oil market rebalancing is underway. Venezuela, an OPEC member, faces deepening economic woes and protests, the US plans to impose financial sanctions to halt dollar payments for the Venezuelan oil. Brent edged up by 1.53% to $50.97 a barrel, while WTI price jumped by 1.8% to close at $48.75 a barrel.
read more... 27/07/2017
France to end sales of fossil fuel cars by 2040
At a presentation regarding the Paris climate agreement, Ecology Minister Nicolas Hulot said that France aims to terminate sales of cars fueled by gasoline and diesel by 2040, and become carbon neutral 10 years after that.
read more... 10/07/2017
Greece natural gas grid operator DESFA is on sale again
Greece’s privatization agency declared on Monday that the country relaunched a tender for the sale of 66% stake in DESFA natural gas grid operator.
read more... 27/06/2017
Daily (27.06.2017): British wholesale gas prices rose by 2-3% on Monday
Oil prices surpassed last week's seven-month lows on Monday. The higher supplies threaten OPEC efforts and its partners to reduce global oil inventories with production cuts. Investors in U.S. crude futures and options increased their bets against a further rise in oil prices.
read more... 27/06/2017
Alinta and Delta compete for Engie's Australian coal-fired plant
Chinese-owned Alinta Energy and a private Australian company are among the firms competing for the purchase of a coal-fired power plant in Australia from France's Engie SA, a sale that could bring in $1 billion, as mentioned by people familiar with the process.
read more... 26/06/2017