Latest news
Poland: Energa wishes to stop purchasing renewable power certificates
According to Polish Energa calculations, an amount of around 110 million zlotys ($31.20 million) could be saved next year if it cancelled long-term contracts which were signed for purchasing certificates that displayed some of its power was produced from renewable sources.
read more... 12/09/2017
Extraction of extra 900 million barrels of oil is possible from the vast UKCS fields
A huge amount of oil could be pulled out from a certain number of massive oil fields in the UK Continental Shelf (UKCS).
read more... 07/09/2017
Russia: Q2 net income of Gazprom falls by 80% year-on-year, forecast missed
Russia’s Gazprom declared recently that the net income for the second quarter fell lower than expected compared to the same period of 2016, or by over 80% to 48 billion roubles ($817.3 million), because of losses related to foreign exchange rates. The forecasted amount earnings for second quarter was 50.2 billion roubles.
read more... 30/08/2017
Swiss hydropower utilities might benefit from 38% water fee reduction
The Swiss government proposed on Thursday to reduce the maximum fee that hydropower utilities pay for water use to mountainous cantons by almost 38%. For a transition period from 2020 to 2022, 80 utilities will pay for water use only 80 Swiss francs ($82.32) per gross kilowatt usage from existing 110 francs.
read more... 23/06/2017
Vattenfall will enter UK household energy market
Vattenfall might enter the UK domestic energy market as it acquires a Bournemouth-based supplier. iSupplyEnergy provides gas and electricity to over 120,000 users and employs 170 people.
read more... 22/06/2017