Latest news

EDF: French nuclear reactor postponed to 2017

French utility EDF declared that its Areva-designed EPR nuclear reactor in Flamanville, France, will be delayed one more year, anticipating it would be linked to the grid in 2017, a decade after the start of the construction.

read more... 19/11/2014

news

Italian energy company Eni develops its operations in gas-rich Turkmenistan

Italian oil and gas most important company Eni has accepted a succession of agreements with Turkmenistan to develop its activities in the gas-rich nation since it turns raising attention eastwards to spur expansion.

read more... 19/11/2014

news

Electricity bills for 12 million German households to drop starting from January

Several 12 million German households' electricity bills will reduce by an average 2.4 percent starting from January since 115 energy firms pass on lower wholesale prices and charges to sustain renewable power, as mentioned by the internet portal Check24 on Monday.

read more... 19/11/2014

news

Kuzbassrazrezugol to reduce coal production by 2.3 million tonnes in 2015

Russian coal miner Kuzbassrazrezugol will reduce its output by 2.3 million tonnes in 2015 because of unfavorable international market conditions, as stated by the company.

read more... 18/11/2014

news

GDF Suez plans to vend Hungarian power trading business to MET Group

French utility GDF Suez intends to vend its Hungarian power trading unit to Hungarian energy trader MET Group, 40 percent possessed by oil and gas company MOL, as stated by the firms.

read more... 18/11/2014

news