Latest news
BP plans to make a $1.5 billion investment in Egypt in 2014
BP aims to make a $1.5 billion investment in 2014 to raise its natural gas production in Egypt, affected by an energy crisis after three years of political chaos, according to the state news agency MENA on Sunday.
read more... 12/05/2014
France: $5.6 billion offshore wind tender awarded to group led by GDF
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
German cabinet approves plans for renewable energy rebate for industrials
The cabinet of German Chancellor Angela Merkel endorses on Wednesday a draft law that offers energy-intensive companies a partial discount on green energy surtax after months of arguments with Brussels.
read more... 08/05/2014
Interest in UK oil and gas licenses declines after plentiful year
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
Vattenfall to close carbon capture R&D
Vattenfall stated on Tuesday it was closing research and development in carbon capture for coal power and reduce it in domains such as offshore wind power in a move that would cut over 40 jobs across the state-owned energy group.
read more... 07/05/2014