Latest news
UK could face energy fines from the European Commission
According to reports, the UK could face more than a quarter million pounds in fines because of the UK’s failure to apply the EU internal energy sector policy in Northern Ireland. Although two warnings Britain has still failed to obey with two measures proposed to open up energy competition for the benefit of the European energy sector and its consumers.
read more... 30/01/2013
UK: Europe’s leader in terms of installed offshore wind energy
According to a new report released by the European Wind Energy Association (EWEA), offshore wind power installations in Europe increased by a third in 2012 and are expected to augment by another 20 percent this year.
read more... 29/01/2013
Daily: UK spot gas prices increase on Troll field trouble
Brent and U.S. crude oil futures climbed on Monday in choppy trading, which were supported by optimistic durable goods data and by strong gasoline futures, which added 2 cents on Hess Corp's plans to halt a refinery in the Northeast.
read more... 29/01/2013
UK: renewable energy market set to double by 2017
According to a new report by EDF Energy, the amount of energy generated by renewables in the UK is set to double in the next five years to 75 TWh, contributing 20% of the nation’s total generation capacity.
read more... 28/01/2013
Gazprom requires 7 billion dollars for imports of gas to Ukraine
National Naftogaz of Ukraine received from Gazprom a 7 billion dollars bill. In January 2009, the two companies have signed an agreement according to which Ukraine had to buy from Moscow at least 41 billion cubic meter of gas a year, and if consumes less, it is obliged to pay a penalty. In fact the country imported last year less gas than stipulated in the contract, about 33 billion cubic meters.
read more... 28/01/2013