Latest news
IEA: China is close to a “Golden Age” of natural gas
China is set to enjoy a “Golden Age” of natural gas since its demand for natural gas is expected to nearly double within five years, according to a report released by the International Energy Agency.
read more... 12/06/2014
UK Grid to pay energy consumers to reduce winter power demand
Britain's power network operator National Grid will initiate a tender this month soliciting large energy users to cut their power demand in periods of peak consumption next winter, according to the company on Tuesday.
read more... 11/06/2014
French lawmakers worried about increasing nuclear costs
The increasing cost of France's nuclear energy is a concern and the government should establish independent professional institutions to aid it foresee long-term investments in the energy sector, as stated by a parliamentary committee in a report published on Tuesday.
read more... 11/06/2014
Spain: Iberdrola will invest $5 billion in Mexico for a six-year period
Spanish utility Iberdrola intend to make an investment of minimum $5 billion (3.7 billion euros) in Mexico for a period of six years through 2018, as stated by Chairman Ignacio Sanchez Galan on Monday, since the country opens its traditionally enclosed energy market to private investment.
read more... 10/06/2014
Bulgaria is not abandoning South Stream pipeline project
Bulgaria has not renounced the intention to construct the South Stream pipeline to supply Europe with Russian gas and considers that the project managed by Gazprom will be finished once problems over its structure are fixed, as stated by Energy Minister Dragomir Stoynev on Monday.
read more... 10/06/2014