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France to cut nuclear energy reliance by 2035: Minister

France aims to reduce the share of electricity produced by nuclear reactors to 50 per cent from 75 per cent now by 2035, said Environment Minister Francois de Rugy.

read more... 19/11/2018

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Daily (16.11.2018): UK gas prices jumped by over 3% on Thursday: cold weather, strong demand

Oil prices rose slightly on Thursday, reversing previous losses, as trade disputes between China and the US are likely to ease. Nevertheless, market sentiment remained cautious because of worries that a supply glut might still happen amid a glum economic outlook. Brent crude futures gained 0.8% to settle at $66.62 a barrel. WTI crude was 0.4% up at $56.46 a barrel.

read more... 16/11/2018

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BP plans to spend over $1bn in Egypt in 2019

BP is planning to spend more than a billion dollars on its assets in Egypt in the coming year. According to Bob Dudley, BP chief executive, the company will spend $1.8 billion in Egypt and an additional $1 billion annually in Abu Dhabi on new discoveries and licensing rounds as it looks to expand its operations in the Middle East.

read more... 16/11/2018

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Enagás-led LNG-fueling project gets EU funding

Spanish LNG terminal operator, Enagás, informed the LNGHIVE2 project has been granted funding by the European Commission through its Connecting Europe Facility.

read more... 16/11/2018

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Albania completes first renewable energy support auction in Energy Community

Albania has successfully completed the first-ever renewable energy support auction in the Energy Community, the Energy Community Secretariat said.

read more... 16/11/2018

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