The French government has awarded a tender of 4 billion euro ($5.57 billion) to a consortium managed by French gas and power conglomerate GDF Suez on the construction and running of two offshore wind farms, as stated on Wednesday by French Energy Minister Segolene Royal.
read more... 08/05/2014
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
Hungarian oil and gas group MOL declared it had decided to purchase Eni's Czech, Slovak and Romanian units, counting as well 208 filling stations, with the aim to expand market share, mainly in the Czech retail market.
read more... 08/05/2014
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
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