Latest news
Chinese offer for Italy grids increases concerns
China's state power grid is one of two bidders for a significant stake in Italy's energy grids, but such a connection might cause problems since the Chinese and Italians both intend to purchase assets around Europe, according to sources familiar with the matter.
read more... 08/07/2014
Spain approves gas sector reform to reduce increasing tariff deficit
The first steps towards reducing an increasing tariff deficit have been taken by Spain on Friday in the gas sector, deficit formed by years of inequitable regulated costs and incomes that has led to higher energy bills for consumers.
read more... 07/07/2014
EU utilities to be negatively affected by low energy prices until 2020
Low wholesale power prices will make Europe's utilities suffer, corroding their revenues until the end of the decade since increasing renewable production and low demand integrate, according to the rating agency Moody on Wednesday.
read more... 03/07/2014
Bulgaria increases electricity prices, reduces natural gas
Bulgaria raised electricity prices by an average of 2 percent on Tuesday having as objective to control politically sensitive costs in spite of massive deficits in the Balkan country's energy sector.
read more... 02/07/2014
Greece pledges tax reduction to attract oil and gas majors
Greece intends to reduce tax rates for oil and gas firms since it desires to attract them to aid develop its unexploited offshore hydrocarbon resources, as stated by its energy minister on Tuesday.
read more... 02/07/2014