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Norway: wind farm to be built off Britain by Statoil and Statkraft

Norway's Statoil and Statkraft will construct the Dudgeon offshore wind farm off the coast of Norfolk in Britain, according to Statoil on Tuesday. It is estimated that the cost will be around 1.5 billion pounds ($2.57 billion).

read more... 02/07/2014

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Daily: European carbon prices at highest quarterly increase since 2008 on supply cuts

Brent crude declined toward $112 a barrel on Monday, touching an 18-day low, while U.S. crude dropped near $105 as investors’ worries about eventual supply disruptions from Iraq eased. Brent slipped 94 cents to close at $112.36 a barrel, its weakest settlement since June 12. WTI crude inched 37 cents down to settle at $105.37 a barrel, also its lowest since June 12.

read more... 01/07/2014

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GDF Suez and Toshiba to go forward with Europe’s major nuclear power project in UK

France's GDF Suez and Japan's Toshiba will proceed with plans to expand Europe's largest nuclear power project in northwest England, after finalizing the transaction, according to their joint venture on Monday.

read more... 01/07/2014

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Scotland may possibly have shale for 30 years worth of UK gas necessities

Scotland, heading for a September independence referendum, might possess sufficient shale gas resources to satisfy UK gas necessities for over 30 years, according to a geological report publicized by the British government on Monday.

read more... 01/07/2014

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Romania: cogeneration tax to be cut by approximately half as of July

Romania's energy regulator ANRE will reduce the tax for cogeneration, or combined heat and power, by approximately half, attaining 0.00996 lei per kilowatt from July, according to a statement on Monday.

read more... 01/07/2014

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