Latest news
Northern Ireland’s sole offshore wind project abandoned
Plans for the construction of the first major offshore wind farm in Northern Ireland have been threw out by the consortium developing the project, citing policy uncertainty.
read more... 04/12/2014
Daily: British gas prices decline as robust supply eclipsed higher demand
U.S crude oil prices settled higher on Wednesday at more than $67 after figures showed an unexpected decline in stockpiles, while a report indicating that Saudi Arabia expected lower prices for oil pulled down Brent below $70 a barrel. The spread between Brent and U.S. crude narrowed to below $3 a barrel, its lowest in 1-1/2 months.
read more... 04/12/2014
Ukraine to make prepayments for Russian gas by the end of the week
Ukraine it is ready to make an advance prepayment by December 7 for 1 billion cubic metric of Russian gas, said Ukrainian Energy Minister Yury Prodan.
read more... 04/12/2014
Centrica hit with an £11m fine for failing to meet energy efficiency obligations on time
British largest energy supplier, Centrica, has been hit with an £11.1million ($17.4 million) penalty for failing to meet energy efficiency obligations by a 2012 deadline, announced Britain's energy regulator Ofgem.
read more... 04/12/2014
Ukraine gets 150 million euro loan from EIB to modernize its gas pipelines
Ukraine received a 150 million euro ($187 million) loan to modernize its section of the natural gas pipeline used to deliver gas from Russia to Europe.
read more... 03/12/2014