Latest news
Partnership agreements between French and Chinese energy firms
Several deals were signed by China and France in the energy sector on Wednesday during the high-status visit of the President Xi Jinping who has plans to develop closer business relations between the countries.
read more... 27/03/2014
SSE to carry out a “legal separation” of its retail and wholesale divisions to improve transparency
The British utility SSE, which is part of “big six”, decided to separate its wholesale and retail divisions in an effort to simplify its business and to freeze household gas and electricity prices until January 2016 amid intense political pressure over increasing household bills at a time when real-term wages are shrinking and public outcry over energy company profits.
read more... 26/03/2014
Medvedev mulls doubling gas production in Crimea
Gas production in Crimea region could increase by two-fold within the next few years, declared Russia’s Prime Minister Dmitry Medvedev.
read more... 26/03/2014
Daily: German power contract Cal ’15 hits nine-year lows on falling German business morale
Brent crude oil futures boosted on Tuesday on fresh geopolitical risk over Russia and supply disruptions in Nigeria and Libya, while U.S. WTI crude were dragged down by forecasts for stronger domestic commercial crude stocks.
read more... 26/03/2014
Spain government considers increasing subsidies for gas-fired power plants to prevent further closure of facilities
The Spanish government aims to increase the aid for under-used gas-fired power plants in order to avoid utilities’ closures around the country.
read more... 26/03/2014