Latest news
French Total eyes to develop a LNG facility in Cyprus
The Cyprus government and the French energy giant Total signed an agreement envisaging the development of a liquefied natural gas (LNG) plant at Vasilikos, Limassol, in Cyprus, with the deal certainly boosting morale in Cyprus and optimism about the potential of natural gas to save the national economy.
read more... 14/11/2013
Spain discloses an amendment to shale gas fracking
The Spanish government has recently decided to give a chance to shale gas fracking, publishing ground rules for operators making use of hydraulic fracturing in the country, amending the previous law to allow water-intensive drilling.
read more... 05/11/2013
Switzerland to close its Muehleberg nuclear plant by 2019
Following the March 2011 Fukushima nuclear disaster, the Swiss government has decided to phase out nuclear power as an energy source for electricity generation and to look more towards energy efficiency and renewables.
read more... 05/11/2013
Centrica to abandon plans for a 2 billion pound wind farm
Centrica has announced it intends to abandon plans to build a 2 billion pound offshore wind farm as it said that subsidies offered by the government are too low. The UK based energy company added also that it will not build the Race Bank wind farm unless the government enhances the projected subsidies.
read more... 04/11/2013
UK’s energy firms to face tough sanctions for market manipulation
The British government is considering introducing a wave of tougher sanctions against energy firms for market manipulation to overcharge customers, said energy minister Ed Davey on Thursday.
read more... 01/11/2013