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Britain to miss its 2020 green energy objectives

Britain is likely to miss its 2020 European renewable energy goals, as stated in a parliamentary committee report on Friday, setting a poor example for less prosperous nations since the world tries to control global warming.

read more... 12/09/2016

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Daily: European spot electricity prices finish on a mixed note, German contract lifted by stronger consumption

Crude oil prices rebounded on Wednesday , supported by a sharp decrease of the dollar a day before, while the market was still trying to assess the chances of a deal between two of the largest oil producers to freeze oil production. U.S. WTI settled up 67 cents at $45.50 a barrel, a third consecutive session of gains, after U.S. inventory data showed the largest weekly stock draw in over three decades. Brent futures boosted 72 cents to end at $47.98 a barrel.

read more... 08/09/2016

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Italy's Edison in talks with Russian Gazprom over ITGI Poseidon gas pipeline

Russia’s energy gyant Gazprom and Italy’s Edison have held talks over the organization of the southern route of Russian natural gas deliveries to Europe via the ITGI Poseidon gas pipeline route (Turkey-Greece-Italy interconnector pipeline project) related to the resumption of the Turkish Stream project.

read more... 01/09/2016

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EU bank promises €62 million to renewable energy fund

The European Investment Bank (EIB) has promised €62 million (£52.74m) to a renewable energy fund.

read more... 30/08/2016

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Norway hopes to maintain good relationship with UK

Norway is relying on its huge exports of natural gas to the U.K. to offer it an advantage in talks since Britain strives to leave the European Union.

read more... 26/08/2016

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