Switzerland will vote in a referendum on November 27 on whether to exit nuclear power, a move that will reduce nuclear risk, but will increase dependence on fossil fuels from Germany or imported nuclear power from France.
read more... 25/11/2016
French unease at potential electricity shortages this winter have been lessened by claims from the nation’s gas power sector that there is enough capacity from the industry to back the country.
read more... 25/11/2016
European Commission (EC) and Energy Ministry of Ukraine inked a Memorandum of Understanding (Mou) which targets to reinforce energy partnership between two sides, as stated by EC on Thursday.
read more... 25/11/2016
Crude oil prices posted minor changes on Thursday ahead of next week’s meeting of OPEC to debate implementation of its proposed output reduction. Brent crude futures rose by 5 cents to settle at $49.00 a barrel. U.S. West Texas Intermediate (WTI) crude advanced 2 cents at $47.98 at 1928 GMT, but activity was thin after the U.S. Thanksgiving holiday and as many traders are reluctant to take big new positions ahead of a scheduled OPEC meeting next week.
read more... 25/11/2016
Eni’s board of directors gave the go-ahead to the investment plan for the first phase of Coral South project in offshore Mozambique, marking a significant step towards the final investment decision.
read more... 24/11/2016