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Poland: renewable energy bill approved by the government

A long-awaited draft law has been approved by Poland's government on Tuesday exhibiting new subsidies for renewable energy for a longer period, intending to reduce costs to consumers and aid the coal dependent country to reach EU climate targets.

read more... 09/04/2014

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Daily: Crude oil rallied on stockpiles expectations, fresh tensions in Ukraine

Crude oil prices rallied on Tuesday, with WTI increasing ahead of weekly stockpiles reports expected to point out a decline in gasoline stocks, while Brent was spurred by new conflicts in eastern Ukraine which intensified tensions between Russia and West.

read more... 09/04/2014

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Fortum: Norwegian power distribution business likely be sold to Hafslund

Finnish utility Fortum declared on Wednesday it intends to vend its Norwegian electricity distribution business and its share in Fredrikstad Energi and Fredrikstad Energi Nett to Hafslund based in Norway.

read more... 09/04/2014

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Lebanon: gas licensing round to be closed in 4 months

Lebanon anticipates ending its first licensing round for offshore gas exploration regions in almost four months after prevailing over a legislative barrier by the end of April, as stated by the energy minister on Monday.

read more... 08/04/2014

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Alpiq purchases UK’s Flexitricity to have access to power management market

Swiss energy firm Alpiq declared on Tuesday it had bought British electrical service company Flexitricity, since it want to tap into electricity demand management market.

read more... 08/04/2014

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