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Electricity market liberalization in Greece continues with the sale of coal-fired plants and coal mines

The energy ministry of Greece announced on Tuesday about the plans to sell by June 2018 some coal-fired plants and coal mines corresponding to 40% coal-fired capacity of the state-owned dominant power utility Public Power Corp (PPC), in order to open up the electricity market. Energy ministry will hold a market test to identify potential investors by November 2017.

read more... 03/05/2017

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What are Non Commodity Costs and How They Affect Your Business

Compared to previous years, we can see that the wholesale electricity market in the UK is low. More specifically, average wholesale electricity prices for the past 5 years have fallen more than 14%, with the strongest downturn from 2013 to the end of 2016, when prices declined more than 23%.

read more... 22/03/2017

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Gazprom to increase its market share in Europe through Wingas expansion

Russian gas giant Gazprom envisages strengthening its sales in Europe, helped by the expansion of its German subsidiary Wingas.

read more... 07/03/2017

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Eni achieves the sale of 10% in Zohr gas Field, offshore Egypt

The Italian energy major Eni has inked a deal in Cairo on February 13 to complete the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt, which includes the supergiant Zohr gas field.

read more... 14/02/2017

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PetroChina expects a boost of 7% in 2017 natural gas sales on year

China's largest energy giant PetroChina targets to realize sales of 150 billion cubic meters of natural gas this year, or an increase from approximately 140 billion in 2016, state-controlled China Energy News declared on Saturday.

read more... 13/02/2017

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