Britain's Centrica anticipates the company will have lower than predicted earnings in 2014 and decided to vend its three major gas-fired power plants.
read more... 09/05/2014
The French government has awarded a tender of 4 billion euro ($5.57 billion) to a consortium managed by French gas and power conglomerate GDF Suez on the construction and running of two offshore wind farms, as stated on Wednesday by French Energy Minister Segolene Royal.
read more... 08/05/2014
Hungarian oil and gas group MOL declared it had decided to purchase Eni's Czech, Slovak and Romanian units, counting as well 208 filling stations, with the aim to expand market share, mainly in the Czech retail market.
read more... 08/05/2014
Interest in running new oil and gas fields in Britain's North Sea dropped to its lowest level in seven years, taking into consideration that the energy ministry announced on Tuesday it had obtained 173 requests in its most recent offshore licensing round.
read more... 07/05/2014
Cyprus might propose Europe an alternative gas supply, as stated by Cypriot President Nicos Anastasiades during a visit to Berlin on Tuesday, aiming to decrease the nation's reliance on Russian natural gas.
read more... 07/05/2014