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EU reinforces ties with climate deal members after U.S. decision to withdraw
The EU declared on Monday it promised to cooperate with China, the world's biggest polluter, to achieve the target of limiting global warming to well below 2 degrees Celsius above pre-industrial levels, following the Trump’s decision to withdraw from the Paris climate agreement.
read more... 20/06/2017
Daily (20.06.2017): European spot electricity prices soared by over 40% on Monday
Oil prices decreased on Monday, due to rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting output.
read more... 20/06/2017
Russia envisaged Siemens turbines for Crimean plants
Russia has revealed for the first time it has envisaged to install equipment produced by German company Siemens in two new power plants in Crimea, a project that has been affected by difficulties due to European trade sanctions.
read more... 19/06/2017
Norway-Poland gas pipeline plan requires demand for 75% of capacity
A pipeline to provide Norwegian gas to Poland that will cost around 2 billion euros ($2.23 billion) will only be constructed if there is demand for minimum 75 percent of the gas it can convey, one of the associates in the project told Reuters.
read more... 19/06/2017
Greece, Israel and Cyprus move forward with a natural gas pipeline from Israel to Europe
Greece, Israel and Cyprus declared on Thursday they would accelerate plans for the development of a pipeline conveying gas to Europe from recently discovered east Mediterranean reserves.
read more... 16/06/2017