Latest news
South Korean company to make an investment in nuclear plant in UK
A South Korean energy company is apparently interested in a nuclear project in the UK. Korea Electric Power Corporation is planning to join the NuGen corporation, a conglomerate between Toshiba and Engie, as mentioned in the reports.
read more... 13/09/2016
Total purchases cheaper the Chesapeake's Barnett Shale assets
French oil and gas company Total will enhance its exposure to U.S. shale gas by acquiring 75 percent of Barnett Shale assets from Chesapeake, taking advantage of a far lower price than it paid for its initial 25 percent holding.
read more... 13/09/2016
Daily: French spot electricity prices buoyed by higher consumption, weak nuclear output
Crude oil futures closed higher on Monday lifted by a weaker dollar and stronger U.S. equity markets which offset worries about increasing drilling activity for oil in the United States. Prices also received a boost from forecasts that U.S. shale oil production could dip for an 11th consecutive month in October. Brent crude rose 31 cents, or 0.7 percent, at $48.32 per barrel. U.S. West Texas Intermediate crude gained 41 cents, or nearly 1 percent, to settle at $46.29.
read more... 13/09/2016
UK: Eggborough plans to replace coal power station with new gas plant
The possessors of Britain's Eggborough coal power station intend to change the 53-year-old facility with a gas-fired plant by 2021-22, provided that the firm can obtain a government subsidy.
read more... 12/09/2016
Britain to miss its 2020 green energy objectives
Britain is likely to miss its 2020 European renewable energy goals, as stated in a parliamentary committee report on Friday, setting a poor example for less prosperous nations since the world tries to control global warming.
read more... 12/09/2016