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BP estimates Tanap gas pipeline project agreement within two months

British oil major BP anticipates to ink an agreement with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to turn into a stakeholder in the multi-billion dollar project that wishes to diminish Europe's dependence on Russian gas.

read more... 26/03/2015

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France inaugurates capacity mechanism to guarantee against blackouts

France will institute a market in power generation capacity in April to ensure there are no blackouts during periods of peak electricity consumption, as stated by grid operator RTE on Tuesday.

read more... 25/03/2015

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Daily: French premium over German power prices extends on colder weather

Brent crude oil eased on Tuesday as the dollar regained ground against the euro and the concerns about global supply glut persisted while WTI crude was spurred by optimistic domestic economic figures. Brent futures for May delivery closed at $55.11 per barrel, down 81 cents. U.S. crude oil boosted 6 cents to settle at $47.51.

read more... 25/03/2015

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Britain’s green bank to launch overseas pilot investment scheme

Britain's Green Investment Bank (GIB) intends to launch funding renewable energy and energy efficiency schemes abroad for the first time with a pilot investment programme of about 200 million pound ($298 million), as it declared on Tuesday.

read more... 25/03/2015

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Scottish Power intends to shut down Longannet power station next year

Scottish Power, one of Britain's "big six" energy providers, declared it plans to shut down its Longannet power station at the beginning of the next year after its offer for a vital agreement was rejected by the National Grid.

read more... 25/03/2015

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