Latest news
France’s EDF envisages to take stake in Areva
French energy conglomerate EDF is thinking about taking a stake in struggling nuclear power group Areva, as reported by business daily Les Echos.
read more... 27/03/2015
Daily: Oil prices soar on dollar depreciation, military operations in Yemen, speculative buying
Crude oil soared by about 3 percent on Wednesday, spurred by the dollar depreciation, military operations in Yemen triggered by Saudi Arabia and speculative buying in spite of American inventories building to record highs. Benchmark Brent oil rose by $1.37, or 2.5 percent, to settle at $56.48 a barrel. It had hit $57.17 earlier. U.S. crude boosted $1.70, or 3.6 percent, to close at $49.21 a barrel. The session peak was at $49.46.
read more... 26/03/2015
Next allocation round of UK renewable support agreements to begin on October 21
Britain's following allocation round of investment deals under a new renewable energy backing scheme will start on October 21, as stated by Energy and Climate Change Secretary Ed Davey on Tuesday.
read more... 26/03/2015
BP estimates Tanap gas pipeline project agreement within two months
British oil major BP anticipates to ink an agreement with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to turn into a stakeholder in the multi-billion dollar project that wishes to diminish Europe's dependence on Russian gas.
read more... 26/03/2015
France inaugurates capacity mechanism to guarantee against blackouts
France will institute a market in power generation capacity in April to ensure there are no blackouts during periods of peak electricity consumption, as stated by grid operator RTE on Tuesday.
read more... 25/03/2015