Latest news
Ukraine agrees gas agreement with European providers
Ukrainian state energy company Naftogaz has decided to acquire 1.7 billion cubic metres (bcm) of gas from European suppliers at a price of $188-$211 per thousand cubic metres, as stated by the firm on Thursday.
read more... 15/01/2016
Trianel purchased 10MW in Germany
Trianel Erneuerbare Energien has bought the 10MW Pritzen solar park in Brandenburg in Germany.
read more... 14/01/2016
European Energy Exchange EEX recorded impressive results in power, gas futures in 2015
The European Energy Exchange (EEX) enjoyed a fruitful 2015 year, with trading volumes of electricity and gas forwards recording a hike of 62% and 110 respectively.
read more... 12/01/2016
Daily: European power forwards at fresh lows on weaker coal, carbon prices, economic slowdown in China
Crude oil prices dipped 6 % to hit new 12-year low as further reductions in the Chinese stocks market threatened to sink crude as low as $20 a barrel. Morgan Stanley warned that a further devaluation of the yuan could send oil prices spiraling into the $20-$25 per barrel range, prolonging the year's 15 percent decline. Brent crude futures eased $2.00 to close at $31.55 a barrel, their weakest since April 2004. Brent has collapsed more than 15 percent in six consecutive days of losses, the largest fall in a year. U.S. WTI crude futures shed $1.75 to settle at $31.41 a barrel, the lowest level since December 2003.
read more... 12/01/2016
Italy's: Major gas companies Italgas and 2i Rete Gas might merge
Italian state lender CDP is thinking about a potential merger of Italy's two most important gas distributors with joint assets of approximately 8 billion euros ($8.7 billion) since the sector gears up for major reform, as stated by four people familiar with the matter.
read more... 11/01/2016