Latest news
UK: 100 billion pounds more investment needed so as to meet 2020 carbon targets
Around 8 to 10 billion pounds are being annually spent for low-carbon energy in Great Britain, or a total of maximum 100 billion pounds over a 10-year period, which is less than half of the level estimated to be invested for attaining 2020 carbon targets, as stated by lawmakers on Thursday.
read more... 07/03/2014
Total plans to sell its TotalGaz liquefied unit for 750 million euro
French energy group Total intends to vend its TotalGaz liquefied gas division for approximately 750 million euro ($1 billion), according to French daily Les Echos published on Friday, referring to unknown sources.
read more... 07/03/2014
Daily: Crude oil prices increase on reconsidered geopolitical risk in Ukraine
U.S. oil traded higher on Thursday after declining to near three-week lows after declarations made by the U.S. President Barack Obama that the geopolitical tensions between Ukraine and Russia are likely to worsen.
read more... 07/03/2014
More biogas plants to be launched by French biomass group Albioma
Two biogas plants of 2 and 0.5 MW capacities have been firstly launched by the French biomass group Albioma as part of an investment obligation to profit from regulatory changes in France, according to company’s general manager on Wednesday.
read more... 06/03/2014
France: EDF to shut down oil-fired plants for half a year
EDF French group will shut down its oil-fired plants for half a year starting from April, taking offline a power capacity of 5,000 MW, because the plants turned out to be uncompetitive among huge overcapacities in the European electricity sector.
read more... 06/03/2014