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Romanian PM: No shale gas production in the next 5 years

Despite the fact that Romanian shale gas sector is its early stages, with the American oil giant Chevron having started the exploration of shale gas, Romanian Prime Minster Victor Ponta declared on Thursday that Romania will not exploit shale gas at least in the next five years.

read more... 30/04/2014

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Czech Cabinet approves deal for NWR coal mine to remain open

The Czech government has approved an accord consenting New World Resources to keep on running its unprofitable Paskov hard coal mine to end-2017, which would maintain 1,800 jobs, according to Industry Minister Jan Mladek.

read more... 29/04/2014

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France: hydropower sector to be opened to competition

France has settled to bring in its hydropower sector to competition after years of postponements and against the desires of many Socialist deputies, as stated by former energy minister Delphine Batho on Monday.

read more... 29/04/2014

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EnergySolutions takes legal action against UK’s NDA after losing $12 billion agreement

EnergySolutions sues Britain's Nuclear Decommissioning Authority (NDA) after being deprived of a contract of $12 billion to shut down the country's oldest nuclear sites.

read more... 29/04/2014

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Daily: Brent crude prices fall as Libya exports resume

Brent crude oil dropped by about $1.50 a barrel on Monday as Libya, an important crude oil producer, paved the way to resume exports from the eastern oil port of Zueitina, while the spread versus U.S. futures suddenly reduced after expanding for two weeks.

read more... 29/04/2014

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