Latest news
Poland will not apply taxes on shale gas production by 2020
After several foreign companies, as Exxon Mobil, Canada’s Talisman Energy and US oil firm Marathon, quit the Polish market in the past few months, the finance minister, Jacek Rostowski, has announced that Poland will not tax shale gas production until 2020 and will improve regulation, in a move which aims to attract energy explorers.
read more... 23/05/2013
UK: Centrica abandons plans to build new nuclear power plants
Centrica has announced that it intends to abandon plans to build new nuclear power stations in the UK because of the rising costs following changes to regulations after the Fukushima disaster in 2011. Centrica had been planning to build four plants with the French supplier EDF, but has now pulled out of the partnership.
read more... 05/02/2013
Poland to publish its new shale gas law in 2013
Poland envisages publishing its new shale gas regulation in 2013, declared Piotr Wozniak, the deputy environment minister responsible for the enacted law, adding that it would be better if a shale gas tax waited until at least 2016.
read more... 04/10/2012
UK: SSE customers to see their energy bills up 9%
SSE, UK energy utility, announced that from mid-October electricity and gas bills will increase by 9%, blaming higher energy network costs, regulation and higher commodity prices. Around half of the cost of SSE's energy bills is determined by wholesale levels.
read more... 24/08/2012
DECC slashes regulatory red tape for UK energy sector
The UK Department of Energy and Climate Change (DECC) has unveiled the scraping of 86 regulations and the improvement of 48 regulatory regimes in its efforts to cut red tape and bureaucracy.
read more... 09/08/2012