Latest news
EDF wants 2.5 pct increase in tariffs before critical meeting
French utility EDF is requesting the government for an annual raise of 2.5 percent in regulated power prices over three years before a key meeting for France's nuclear industry, as mentioned in a newspaper on Sunday.
read more... 02/06/2015
Norway and Britain to construct world’s longest subsea electricity cable
The world's longest subsea power transmission cable is to be built between Norway and Britain by 2021, as stated by Norway's Statnett.
read more... 01/06/2015
Britain: SSE reduces wind farm projects with sale to Blue Energy
British utility SSE declared on Friday that it had accomplished the sale of the Cour, Blackcraig and Whiteside Hill wind farm projects to green energy firm Blue Energy.
read more... 01/06/2015
Total’s CEO expected finances for Yamal LNG to be freed by end-2015
The chief executive of Total declared on Friday he hoped funds for the $27 billion Yamal LNG project it is expanding in Russia with Novatek to be made accessible by creditors before the end of the year.
read more... 01/06/2015
Daily: UK gas prices tumble on supply glut
Crude oil prices rose by about 5 percent on Friday, their largest hike in 1-1/2 months, as a constant U.S. dollar and a bigger than expected decline in U.S. oil rigs in operation compensated a fresh rush of bullish bets. Brent crude closed at $65.56 a barrel, up $2.98, or 4.8 percent, on the day. It was flat on the week, while for the month, it declined by 2 percent. U.S. crude has increased by as much as $4 a barrel after touching a one-month low just a day ago. WTI crude closed at $60.30, up $2.62, or 4.5 percent, on the day, and up about 1 percent on both the week and month.
read more... 01/06/2015