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Sweden: Geothermal energy to be used to heat Swedish homes

Vattenfall, one of Europe's biggest retailers and producers of electricity and heat, announced last week about the intention to use geothermal energy to heat homes of customers in Sweden.

read more... 25/04/2017

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Daily (25.04.2017): German spot electricity price rose by 195%

Oil prices slipped on Monday in line with Friday decline due to potential 30-years highest rate of Russian oil production in the absence of confirmation that OPEC will extend output cuts until the end of 2017.

read more... 25/04/2017

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Nord Stream 2 inked financial deals with Shell and four other European energy companies

Nord Stream 2, the company in charge with planning, constructing and future operation of the Nord Stream 2 pipeline, inked financial deals with Shell and four other European energy firms - ENGIE, OMV, Uniper and Wintershall.

read more... 25/04/2017

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UK - first coal-power free day in over a century, according to National Grid

Britain is set for its first day without electricity production from coal-fired power stations since the country's industrial revolution in the 19th century, as stated by power grid operator National Grid on Friday.

read more... 24/04/2017

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Russia: Novatek will increase gas resources to preserve output, stabilize market share

Novatek, Russia's biggest non-state natural gas producer, is seeking to increase its resource base to keep gas production and maintain stable its domestic market share, as stated on Friday by Leonid Mikhelson, the manager of the company.

read more... 24/04/2017

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