Latest news
Finland’s Kesko abandons Fennovoima nuclear consortium
Finnish retailer Kesko declared on Thursday it would give up the Fennovoima nuclear conglomerate, increasing worries over a project that is likely to engender confrontations in parliament between members of the ruling coalition, because of the ambiguity in the financial, contractual and timetable requirements.
read more... 28/03/2014
Total and Russia’s Lukoil are discussing a collaboration in shale projects
French oil major company Total and Lukoil have the intention to cooperate in shale gas projects since Russia employs unconventional resources to substitute decreasing output at mature fields in Siberia, as published in the Financial Times on Thursday.
read more... 28/03/2014
EDF UK: returns on nuclear agreement likely to be much higher than usual
The EDF’s first nuclear reactor in Britain might generate for the French utility and the investors two-decade profits, supported by government, expected to be much higher than returns from other projects, as stated in a report.
read more... 18/03/2014
Czech PM desires more EU funding for energy security
The Czech Prime Minister, Bohuslav Sobotka, declared on Tuesday that more funding is needed from the European Union to projects increasing energy security of its member states by linking their energy networks in order to strengthen diversification of resources.
read more... 12/03/2014
Exxon plans to launch production at 10 new projects
ExxonMobil Corp., the super giant oil company, has the intention to reduce expenditures and to begin production simultaneously at 10 significant projects this year, adding to its portfolio a net capacity of 300,000 barrels of oil equivalent per day.
read more... 11/03/2014