Latest news
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
Ukraine and Chevron to collaborate in developing shale gas
Ukraine's government has approved on Tuesday a Production Sharing Agreement (PSA) with Chevron Corp. to explore and develop shale-gas deposits in the Lviv region. The objective is to reduce reliance on Russian gas as they thought that the price they pay for Russian gas is too high. The PSA would be signed on November 5 on the sidelines of an international economic forum in Kyiv.
read more... 31/10/2013
Croatia, Hungary and Ukraine to create their own gas corridor
Ukraine, Croatia and Hungary aim to build their own corridor expanding gas pipelines networks. The construction of this corridor will start next year. This gas corridor is planned to be linked to the Trans-Adriatic Pipeline, which is likely to carry Shah Deniz gas to Europe through Turkey. The parts have already reached an agreement on passing of natural gas through all three countries.
read more... 25/10/2013