After the gas dispute between Ukraine and Russia last year which has left Bulgaria without gas for three weeks in the winter period, the European Council decided that every member state should have at least two sources of gas and electricity by 2014, in order to avoid repeating the Russian-Ukrainian gas crisis.
read more... 13/09/2012
Japan is planning to phase out nuclear power during the next three decades under new government policy, aftermath Fukushima nuclear energy disaster.
read more... 12/09/2012
The French-owned company, EDF Energy is considering extending the life span of two UK nuclear power stations that are scheduled to shut down in 2016 for another decade.
read more... 10/09/2012
Brent crude futures rose above $113 per barrel on Thursday on investors’ hopes that the European Central Bank (ECB) will reveal measures showing the new tactics how to tackle the euro zone’s debt crisis at a meeting later in the day.
read more... 06/09/2012
UK energy minister Charles Hendry said that it is expected that UK’s decline in oil and gas production to be less marked this year. British oil and gas production may increase after the worst annual decline in output since the 1960.
read more... 05/09/2012