The ruling coalition in Latvia decided to put off the liberalization of the power market until the elections, in order to have more time to set up a scheme of refund for poorer residents who are trying to find money to pay for increasing energy bills.
read more... 04/03/2014
The European Court of Justice received from Germany a complaint against the decision of the European Commission to study exemption to green energy charges that the country offers to approximately 2000 industrial energy consumers, as stated by the Economy Ministry on Friday.
read more... 03/03/2014
ENI, a major integrated energy company based in Italy and one of Europe’s leading gas wholesalers, inked an agreement on Thursday to review its long-term gas supply contract with Norway's Statoil that is supposed to increase its operating profit by approximately 1 billion euros ($1.4 billion) in 2014.
read more... 28/02/2014
Energy manufacturers in UK are very negative about high costs issue, according to a new study.
read more... 27/02/2014
The Greek Cypriot government promised that extraction and drilling of natural gas offshore Cyprus will continue, even though Turkey has threatened to block these operations since it thinks the energy assets partly belong to Turkish Cypriots.
read more... 25/02/2014