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Sweden’s support for nuclear – a boost for the industry

Sweden's plan to preserve nuclear energy as part of its low-carbon energy mix is a significant boost for the nuclear industry, as stated on Tuesday by CEO of French utility EDF Jean-Bernard Levy .

read more... 15/06/2016

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Total acquires 100% of Belgian renewable power provider Lampiris

Total and Lampiris, the third-largest supplier of natural gas and renewable power to the Belgium residential sector, have inked an agreement under which Total will acquire all of the shares in Lampiris.

read more... 15/06/2016

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Daily: European spot electricity prices evolve differently; low wind power output spurs French prices

Crude oil prices declined about 2 percent in prolonged trading on Tuesday as figures indicated an unexpected build in U.S. crude stockpiles last week, adding to the destabilization of global financial markets before the British referendum whether to leave the European Union. Brent and U.S. crude extended losses in post-settlement trading, both falling by more than $1 a barrel each. Prices tumbled for the fourth straight day with Brent down 52 cents to settle at $49.83 a barrel, while U.S. crude lost 39 cents to close at $48.49.

read more... 15/06/2016

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Energy report: Cheaper gas and coal will not cast a chill over investments in renewables

Declining coal and gas prices will not halt record investment in renewables over the coming decades as the cost of generating clean energy drops, according to a key energy report.

read more... 14/06/2016

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BP inks $1.3 billion agreement with Det norske to fuse Norwegian oil and gas businesses

Norwegian company Det norske oljeselskap (Det norske) has inked a $1.3bn deal with BP to fuse with BP Norge in a bid to form the biggest Norwegian independent oil and gas producer.

read more... 14/06/2016

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