Latest news
French energy law might shut down third of EDF
France's energy transition law could oblige state-controlled utility EDF to shut down around a third of its 58 nuclear reactors by 2025, the state audit office declared in its yearly report on Wednesday. The Cour des Comptes predicts that the projected reduction of the share of nuclear in French energy output to 50 percent by 2025 from over 75 percent now might lead to the closure of 17 to 20 reactors if electricity consumption and exports stay at present levels.
read more... 11/02/2016
EDF: nuclear plant security boosted after Paris attacks
France's EDF has boosted security at its nuclear plants after the Paris attacks in which 130 persons lost their lives last week, the chief of the state-controlled utility declared on Tuesday.
read more... 25/11/2015
Canadian energy firm Enbridge partner with E.ON and GIB in Rampion offshore wind project
E.ON has made known on Thursday that the Canadian energy firm Enbridge has joined the Rampion offshore wind project by purchasing an interest of 24.9 percent. Enbridge will turn into one of three shareholders in Rampion Offshore Wind Limited. E.ON will continue to be the controlling shareholder at 50.1 percent, while the UK Green Investment Bank plc (GIB) possessing a 25 percent interest.
read more... 06/11/2015
Russia and Argentina seal deal for gas exploration
Russia’s energy giant Gazprom and Argentina’s state-controlled oil company YPF have sealed an agreement for exploration of gas reserves in Argentina in an effort to boost local production and to cut back on energy imports.
read more... 08/09/2015
Polish PGNiG to launch oil and gas exploration in Germany
Polish state-controlled oil and natural gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) is expected to commence oil and gas explorations in eastern Germany, as part of a bigger plan to boost production assets outside Poland.
read more... 07/08/2015