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French lawmakers reinstate nuclear reduction goal, decisive vote in July

The lower house of parliament in France ratified a version of the nation's energy transition law on Tuesday that reinstates main nuclear reduction targets diluted in March by the upper house Senate controlled by the Opposition.

read more... 27/05/2015

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Bulgaria requires renewable energy producers to split output

Bulgaria's electricity grid operator required all green energy producers to halve their output on Monday in an effort to balance production and consumption in the Balkan country, according to the state-owned company.

read more... 26/05/2015

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Daily: Crude oil prices gain ground amid concerns over Middle East turmoil

Crude oil prices rebounded on Monday as a robust global demand compensated a strong dollar, although a holiday in the United States and much countries of Europe reduced the trading activity. Crude oil was also spurred by signs that U.S. supply is easing and by fresh worries that violence in the Middle East will aggravate. U.S. crude stockpiles have declined for three consecutive weeks after having rallied to record highs last month.

read more... 26/05/2015

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Engie might take a stake in Areva

French gas and electricity firm Engie might take a stake in nuclear company Areva to form a large international group dealing with nuclear maintenance and services, as stated by its chief executive on Saturday.

read more... 26/05/2015

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Romania will forward oil and gas royalty tax law to parliament in September

Romania's government will forward a draft law on royalty taxes for the oil and gas sector to parliament in September, as declared by Deputy Finance Minister Dan Manolescu to an energy seminar on Monday.

read more... 26/05/2015

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