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Czech company EPH acquires Eggborough power plant in Britain

Czech energy firm EPH has decided to acquire the Eggborough coal-fired power plant from Eggborough Power Limited, making its first purchase in Britain as part of a growth drive, as stated by Czech company on Wednesday.

read more... 06/11/2014

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Solar latecomer France starts construction of Europe’s biggest plant

France started the construction of Europe's largest photovoltaic solar power plant, making up some lost ground against its neighbors.

read more... 06/11/2014

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Daily: European coal prices plunge to more than 7-year low on supply glut

Crude oil prices climbed on Wednesday, with Brent recovering from a four-year low, as traders reacted to gossip of a pipeline explosion in Saudi Arabia and upbeat news related to U.S. crude inventories. Benchmark Brent oil settled up 13 cents at $82.95 a barrel. U.S. WTI crude rebounded $1.49 to settle at $78.68 a barrel.

read more... 06/11/2014

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Croatia recommences arrangements for LNG terminal at KRK

Croatia has renewed a viability study for a liquefied natural gas (LNG) terminal on the island of Krk, the southern end of a gas pipeline corridor linking the country and Poland's Baltic port of Swinoujscie which should aid expand energy supplies for central Europe and reduce reliance on Russian imports, as stated by economy minister Ivan Vrdoljak on Tuesday.

read more... 06/11/2014

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Ukraine: Naftogaz reimburses $1.45 billion to Gazprom

Ukrainian state energy company Naftogaz declared on Tuesday it had paid $1.45 billion to Russia's Gazprom, the first tranche of debt reimbursement required by an accord that will see Moscow restart gas supplies to its ex-Soviet neighbor.

read more... 05/11/2014

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