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The European Investment Bank will grant funds for the construction of a gas plant in France

The European Investment Bank and POWEO Toul Production S.A.S, an indirect subsidiary of VERBUND AG, announced they sealed a €165 million finance contract for the building and exploitation of a 413 MW Combined-Cycle Gas Turbine (CCGT) power plant at Toul, in Eastern France.

read more... 18/03/2011

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Ireland considers geothermal exploration.

The project consists in the development of the exploitation of geothermal energy to generate renewable electricity in Ireland.

read more... 16/12/2010

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Lukoil close to obtaining a tax reduction for Caspian Sea developments

Lukoil applied for a tax reduction for its oil exploitations in Caspian Sea from Finance Ministry of Russia. The tax cut will save Lukoil approximately $460 million for 2011.

read more... 14/07/2010

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The exploitation of Flamanville reactor delayed by 2 years

The construction of the French nuclear reactor at Flamanville is expected to be delayed by up to two years, according to the Figaro newspaper.

read more... 07/07/2010

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