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UK's Labour Party to offer Ofgem power to eliminate energy supplier licences

Britain's opposition Labour Party has promised to offer energy regulator Ofgem the authority to annul electricity and gas suppliers' licences if they constantly violate rules and harm their customers.

read more... 21/08/2014

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Ukraine prepared for temporary compromise price for Russian gas

Ukraine is ready to pay a short-term compromise price for Russian gas, criticizing Russia's Gazprom for being reluctant to negotiate, as stated on Tuesday by the country’s energy ministry.

read more... 20/08/2014

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UK government and Green Bank to make an investment of 74 million in a new renewable plant in Scotland

Britain's government and the Green Investment Bank intend to make an investment in a new renewable energy plant in Scotland, which will facilitate power a famous whisky distillery.

read more... 19/08/2014

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Statoil shuts production at Sleipner A platform following a gas alarm

Norwegian energy company Statoil has shut production at its Sleipner A platform in the North Sea following a gas alarm, as mentioned in the Stavanger Aftenblad newspaper on Saturday, citing a spokesman for the firm.

read more... 19/08/2014

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Ukraine launches test imports on gas connection from Slovakia

Ukraine has started test imports of gas from Slovakia through an improved pipeline, as stated on Saturday by the chief of Ukrainian state-owned gas company Naftogaz, since the country is struggling to reduce energy dependence on Russia.

read more... 18/08/2014

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