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Ukraine to receive a $300 mln loan from EBRD to secure its gas supply

The European Bank for Reconstruction and Development is considering the provision of trade finance loan of up to $300 million to Ukrainian state energy firm Naftogaz to purchase gas on the European market.

read more... 17/07/2015

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French minister limits EDF electricity price increases again

French Energy Minister Segolene Royal limited an intended increase in household power prices on Thursday, overruling regulatory endorsements designed to compensate electricity supplier EDF for earlier controls.

read more... 17/07/2015

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Ukraine to significantly increase the renewable energy production by 2020

Ukraine is planning to triple the share of renewable energy in its overall energy balance from the current 3.8 % to 11 % by 2020, according to declarations made by Deputy Regional Development Minister Roman Abramovsky.

read more... 14/07/2015

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IEA: Crude oil prices set to continue the slowdown trend

Crude oil prices will continue to decline due to a massive supply glut, according to the International Energy Agency (IEA).

read more... 13/07/2015

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UK’s renewable power industry loses tax reduction, shares plunge

Britain's green energy providers and their clients will no longer be exempt from a climate change tax, as stated by finance minister George Osborne on Wednesday, knocking shares in power producer Drax to their lowest ever level.

read more... 09/07/2015

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