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
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
Russian gas giant Gazprom envisages strengthening its sales in Europe, helped by the expansion of its German subsidiary Wingas.
read more... 07/03/2017
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
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