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Britain’s Littlebrook oil-fired power plant will shut down on March 31

RWE Generation will close the oil-fired power plant at Littlebrook in Britain on Tuesday because of European Union environmental law, as confirmed by the company on Monday.

read more... 31/03/2015

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BP estimates Tanap gas pipeline project agreement within two months

British oil major BP anticipates to ink an agreement with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to turn into a stakeholder in the multi-billion dollar project that wishes to diminish Europe's dependence on Russian gas.

read more... 26/03/2015

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Daily: French premium over German power prices extends on colder weather

Brent crude oil eased on Tuesday as the dollar regained ground against the euro and the concerns about global supply glut persisted while WTI crude was spurred by optimistic domestic economic figures. Brent futures for May delivery closed at $55.11 per barrel, down 81 cents. U.S. crude oil boosted 6 cents to settle at $47.51.

read more... 25/03/2015

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Ukraine and Poland agree to push for integrated grids

Energoatom, Ukrenergo and Polenergia have inked a memorandum of understanding on a project to export power through European grids.

read more... 24/03/2015

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Energy companies BG and Woodside will invest $1.1 billion in four Myanmar blocks

Britain's BG Group and Australia's Woodside Petroleum Ltd will make an investment of about $1.08 billion to explore for oil and gas in four blocks off the coast of Myanmar's western Rakhine state, as declared by a senior Energy Ministry official on Sunday.

read more... 23/03/2015

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