Latest news
Europe envisages a regional LNG hub to ensure its energy security
The European Union is eyeing construction of a regional LNG (liquefied natural gas) hub in the north of Europe to ensure its energy security.
read more... 03/12/2014
Daily: Oil prices resume their downward trend on inventories increase
Crude oil prices returned to their downward tendency on Tuesday after a gain in the previous session, while stockpiles increased as investors snapped up depressed energy shares. Brent and U.S. oil declined by more than 2 percent each after a deal that will bring more Iraqi crude to markets and will push the dollar. Brent crude oil dropped $2.00, or 2.8 percent, to close at $70.54 a barrel, while U.S. crude slipped $2.12, or 3.1 percent, to end at $66.88.
read more... 03/12/2014
Belgium will depend all winter on electricity imports
Belgium will have to import electricity every week this winter in case of cold snap and amid weak wind and solar energy output. The situation in Belgium is very tense, with the country becoming structurally dependent on imports after being deprived of several nuclear reactors.
read more... 02/12/2014
Sweden: Vattenfall to put on standby its nuclear plans
Swedish power group Vattenfall, will give up its plans to build new nuclear power reactors because of a new government, including Green Party, which is not supporting them, setting up an energy commission tasked with achieving a 100% renewable electricity system.
read more... 01/12/2014
E.ON to split in two its business to focus on renewables
E.ON, the largest utility in Germany, unveiled it plans to split in two its business after a crisis hit the European energy sector.
read more... 01/12/2014