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German cabinet approves plans for renewable energy rebate for industrials

The cabinet of German Chancellor Angela Merkel endorses on Wednesday a draft law that offers energy-intensive companies a partial discount on green energy surtax after months of arguments with Brussels.

read more... 08/05/2014

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Interest in UK oil and gas licenses declines after plentiful year

Interest in running new oil and gas fields in Britain's North Sea dropped to its lowest level in seven years, taking into consideration that the energy ministry announced on Tuesday it had obtained 173 requests in its most recent offshore licensing round.

read more... 07/05/2014

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Vattenfall to close carbon capture R&D

Vattenfall stated on Tuesday it was closing research and development in carbon capture for coal power and reduce it in domains such as offshore wind power in a move that would cut over 40 jobs across the state-owned energy group.

read more... 07/05/2014

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Eni unveils a new offshore oil and gas discovery in the Norwegian Barents Sea

Eni, Italy’s biggest energy group, has unveiled a new offshore oil and gas discovery in the Norwegian Barents Sea, about 230 km from Hammerfest.

read more... 06/05/2014

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Germany: reserve power plan for 3 winters ahead

Germany's energy regulator Bundesnetzagentur defined on Friday plans for reserve power capacity for the next three winters in order to guarantee grids stability as a result of the shutdown of the nuclear plants and irregular renewable power raises.

read more... 05/05/2014

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