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Norway to quit renewables subsidy program by 2021

Norway is set to end its renewable energy subsidy scheme to new entrants in 2020 and 2021, as it aims to spur competition in developing power lines to other countries the government declared on Friday.

read more... 18/04/2016

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Daily: European electricity forward prices surpass 10-week highs on coal price recovery

Crude oil prices tumbled on Friday on anticipations that a weekend meeting of top oil exporters will have little impact on reducing an exacerbated glut, even if would provide a ceiling for the market. Brent crude futures eased 74 cents to close at $43.10, while U.S. crude settled down $1.14 cents at $40.36. Both contracts declined by more than 3.5 percent earlier in the day.

read more... 18/04/2016

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CEO: Eni to inject 20 bln euros in Africa’s energy sector

Italian energy giant Eni envisages investing about 20 billion euros ($22.5 billion) in Africa over the next four years, mostly in the oil and gas industry, according to the company's Chief Executive Officer Claudio Descalzi.

read more... 18/04/2016

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French government has not decided on UK Hinkley Point nuclear power plant

The construction of the most expensive nuclear power station in the world at Hinkley Point, near Somerset, could be delayed again, a French government official has hinted.

read more... 15/04/2016

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Premier Oil confirms first production from Solan oil field in UK North Sea

Premier Oil has begun oil production from the $850m Solan field located in block 205/26a of production license P164 in the UK North Sea.

read more... 15/04/2016

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