Latest news
GDF Suez to expand its wind portfolio in the UK
French power group GDF Suez has acquired the UK-based wind energy developer West Coast Energy (WCE), strengthening its commitment to expand its wind portfolio in the UK, as well as in Europe.
read more... 31/03/2014
Daily: British gas drops to a nine-month on higher temperatures forecasts
Brent crude oil increased for a fourth consecutive session on Friday, posting its first weekly gain since February on optimistic U.S. economic data and worries that eventual Western sanctions on Russia’s energy sector could trigger output disruption in the world. Brent climbed 24 cents to end at $108.07 a barrel. U.S. crude increased by 39 cents a barrel to close at $101.67, after rebounding over $1 in each of the past two sessions.
read more... 31/03/2014
European shale gas could represent a real manna in context of growing tensions with Russia
The European political leaders are encouraged to develop the indigenous shale gas deposits in the regions as Europe is eyeing reducing its reliance on Russian natural gas amid intensifying tensions in Russia.
read more... 31/03/2014
Spain might be entryway for gas to Europe
Europe’s reliance on Russian gas supplies might be reduced with the help of Spain’s complex gas infrastructure at the time when the plans to transport gas across the Pyrenees will turn into reality, as stated on Thursday by Antoni Peris, the chairman of the Spanish gas association.
read more... 28/03/2014
Finland’s Kesko abandons Fennovoima nuclear consortium
Finnish retailer Kesko declared on Thursday it would give up the Fennovoima nuclear conglomerate, increasing worries over a project that is likely to engender confrontations in parliament between members of the ruling coalition, because of the ambiguity in the financial, contractual and timetable requirements.
read more... 28/03/2014