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German coal commission to recommend delaying closures to 2022: report
Germany's coal commission may recommend delaying a first wave of coal plant closures to 2022 rather than 2020, German financial daily Handelsblatt reports based on a leaked draft following Thursday's meeting of the commission.
read more... 19/11/2018
France to cut nuclear energy reliance by 2035: Minister
France aims to reduce the share of electricity produced by nuclear reactors to 50 per cent from 75 per cent now by 2035, said Environment Minister Francois de Rugy.
read more... 19/11/2018
Daily (16.11.2018): UK gas prices jumped by over 3% on Thursday: cold weather, strong demand
Oil prices rose slightly on Thursday, reversing previous losses, as trade disputes between China and the US are likely to ease. Nevertheless, market sentiment remained cautious because of worries that a supply glut might still happen amid a glum economic outlook. Brent crude futures gained 0.8% to settle at $66.62 a barrel. WTI crude was 0.4% up at $56.46 a barrel.
read more... 16/11/2018
BP plans to spend over $1bn in Egypt in 2019
BP is planning to spend more than a billion dollars on its assets in Egypt in the coming year. According to Bob Dudley, BP chief executive, the company will spend $1.8 billion in Egypt and an additional $1 billion annually in Abu Dhabi on new discoveries and licensing rounds as it looks to expand its operations in the Middle East.
read more... 16/11/2018
Enagás-led LNG-fueling project gets EU funding
Spanish LNG terminal operator, Enagás, informed the LNGHIVE2 project has been granted funding by the European Commission through its Connecting Europe Facility.
read more... 16/11/2018