Latest news
Bulgaria on the point of nuclear agreement to reduce dependence on Russia
Bulgaria, one of five EU states that rely entirely on Russia for nuclear fuel, is ready to take a step towards increasing its suppliers when Westinghouse Electric Company purchases a stake in a state-controlled company building new atomic units.
read more... 07/07/2014
Centrica’s British Gas has to pay $9.4 million
Centrica's British Gas, the focus of an anti-trust examination next to Britain's other big energy companies, will pay approximately 5.6 million pounds ($9.4 million) to fix past errors which had stopped business clients from changing suppliers in the period between 2007 and 2012, as declared on Thursday by Energy watchdog Ofgem.
read more... 11/04/2014
Britain’s free energy market threatened by pricing investigation
An analysis of potential price complicity by British energy suppliers will probably destabilize the market structure that has aided them to become more important than their European competitors.
read more... 09/04/2014
Bulgaria: ultimatum to power distributors to pay back debt
An ultimatum has been given by Bulgaria to three foreign-owned energy distributors until Wednesday to reimburse the debt they have with state power supplier NEK, otherwise they may lose their licenses.
read more... 19/03/2014
British Gas on risk to be split up on excessive profit margins
British Gas former monopoly is under threat to be split up to put a cap on excessive profit margins charged by UK’s largest gas supplier, according to a declaration made by Energy Secretary Ed Davey.
read more... 12/02/2014