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European consortium to buy 80% of Veja Mate offshore wind park

A consortium led by asset manager Commerz Real AG and IKEA franchisee Ingka Group will acquire an 80% stake in the 402-MW Veja Mate offshore wind park in the German North Sea.

read more... 14/02/2019

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Germany set to build LNG terminals amid European gas battle

Germany will likely build 2 terminals to import LNG, Economy Minister Peter Altmaier said as Oilprice reported, in a move to appease the U.S. while Berlin also supports the Russia-led Nord Stream 2 gas pipeline, which has divided the EU member states in recent years.

read more... 14/02/2019

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Europe agrees sales targets for ‘clean’ buses in cities

European Union lawmakers struck an agreement on Monday (11 February) on green public procurement rules for new buses, requiring local authorities purchase a minimum share of clean vehicles running on gas or electricity by 2025 and 2030

read more... 13/02/2019

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Daily (12.02.2019): European power prices for 2020 delivery tumbled on Monday tracking weaker coal and carbon markets

Uncertainty about the restart of the trade talks between U.S. and China outweighed the support from OPEC-led supply cuts on Monday. A strengthening dollar put more pressure on prices. Consequently, oil prices retreated, with Brent oil trading nearly 1% down at $61.51 a barrel. WTI futures edged 0.6% lower at $52.41 a barrel.

read more... 12/02/2019

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Gazprom aims to boost its 35% gas market share in Europe

Gazprom aims to further increase its 35% market share in Europe, amid higher natural gas demand and expected lower production at key western European natural gas producers, according to a senior Gazprom manager.

read more... 08/02/2019

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