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Dong targets to phase out coal-fired electricity generation by 2023

Dong is already the world’s largest offshore wind farm company, constructing over a quarter of the capacity installed worldwide. It intends to offload its operations concentrated on oil exploration and production later this year, after pulling off one of the biggest stock market listings in 2016.

read more... 06/02/2017

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Shell to divest its assets in North Sea for $3.8 bln

Oil major Royal Dutch Shell unveiled the sale of its North Sea oil and gas assets fields to private equity-backed Chrysaor for $3.8 billion in its first major exit from the basin in 45 years.

read more... 31/01/2017

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France consents second electricity connection with UK, despite Brexit

French energy markets regulator CRE has authorized a scheduled second electricity link between France and the United Kingdom after consulting stakeholders, mentioning the project was still feasible and desirable despite Britain's decision to abandon the EU.

read more... 27/01/2017

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Poland hopes to purchase EDF's local assets by the end of the year

A conglomerate of Polish state-controlled energy company will hopefully acquire the Polish assets of France's EDF by the end of 2017, Deputy Energy Minister Grzegorz Tobiszowski declared on Friday.

read more... 23/01/2017

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Daily (20.01.2017): UK prices increase on colder weather predictions, Rough outage

Oil prices jumped on Thursday, but increasing U.S. crude stockpiles limited the rally from a one-week low after the International Energy Agency mentioned that oil markets had been reducing even before cuts agreed by OPEC and other producers took effect.

read more... 20/01/2017

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