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SSE to sell energy services unit to OVO Energy in 500 million pound deal

SSE Plc (SSE.L), one of Britain’s big six energy suppliers, said it had agreed to sell its energy services unit to OVO Group for 500 million pounds ($617.6 million), including debt, as it looks to focus on renewable energy and electricity networks.

read more... 13/09/2019

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Daily (13.09.2019): Welding anomalies at French nuclear reactors supported spot gas and power prices across Europe

Crude oil prices had another bearish day, after Donald Trump denied the possibility on an interim U.S.-China trade deal. Comments by OPEC+ alliance that deeper cuts would not be decided before a meeting in December and ECB’s decision to cut its deposit rate also weighed on prices. Hence, Brent crude dropped by 0.7% to close at $60.38 a barrel, while WTI futures lost 1.2% to settle at $55.09 a barrel.

read more... 13/09/2019

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Moldova will get a discount of $10-15 for Russian gas

Moldovan President Igor Dodon was on September 7 in Moscow for talks about a new gas price deal with his Russian counterpart Vladimir Putin. Moldovagaz gas supply and transit deal with Gazprom expires on December 31, 2019.

read more... 10/09/2019

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Turkey's MB Holding unit to build second geothermal power plant in Croatia - report

Zagreb-based MB Geothermal, part of Turkey's MB Holding, has signed a deal with Croatian project design firm Ekonerg for the design of a 19.9 MW geothermal power plant, local media reported on Friday.

read more... 10/09/2019

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Nordex unveils 195 MW of European turbine supply deals

Germany’s Nordex said today it has recently received a series of wind turbine supply contracts for a total capacity exceeding 195 MW.

read more... 05/09/2019

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