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Low gas prices unlikely to rebound soon – Birol

European gas prices will not recover anytime soon given the energy market’s bearish fundamentals, says the IEA's Fatih Birol.

19 February 2016

EDF to extend life of UK nuclear plants

French energy company EDF plans to extend the life of four of its eight UK nuclear power plants to help meet the country’s energy demand.

16 February 2016
Crude oil

Is the end of oil an opportunity for gas?

Although the world is currently awash with cheap crude, gas could replace it in the long-term, experts say.

16 February 2016

The long goodbye to renewables subsidies

The days of state support for renewables in the EU could be numbered, with a growing body of industry players calling for subsidies to be scrapped.

16 February 2016

EU renewables share nearly doubles

The share of renewable energy sources in gross final energy consumption nearly doubled between 2004 and 2014, according to EU’s statistics agency Eurostat.

15 February 2016

European nuclear power at a crossroads

Nuclear energy generates around 27% of the electricity produced across the EU, but despite its prominent role, its future remains highly uncertain.

10 February 2016

IEA calls for Asian gas market reforms

Regulatory reforms will be vital for Asia to unlock its potential as a gas demand hub, the IEA's Keisuke Sadamori told delegates at London’s IP Week conference on Tuesday.

9 February 2016

Greece to change renewables support scheme

Greece is moving its costly renewables scheme towards a premium model based on market rates after facing pressure to move away from feed-in tariffs.

5 February 2016

EU’s nuclear sector faces battle for cash

The nuclear industry has big plans for its involvement in Europe’s low-carbon future, but a struggle for investors is just one of the issues it will face.

4 February 2016

Cheaper oil is bad news for NGVs – US bank

The recent sharp decline in oil prices will likely slow the expansion of gas-powered and electric vehicles in the medium term, Bank of America Merrill Lynch says.

3 February 2016
Crude oil

Canadian oil production will increase until 2040 – NEB

Canada’s energy regulator, the National Energy Board (NEB), estimates domestic oil production will increase until 2040 even if proposed pipeline projects do not move ahead.

29 January 2016

Takahama reactor to restart on Friday

Kansai Electric Power will restart a reactor at its Takahama nuclear power plant on Friday, the company has announced.

28 January 2016

Spain’s political turmoil clouds energy policy

Spain’s failure to form a government following the December 2015 general election is clouding the outlook for the country’s energy policy.

27 January 2016

Venezuela’s export hopes start to evaporate

Dwindling water levels at Venezuela’s largest hydroelectric dam could check Caracas’s gas export ambitions in 2016.

26 January 2016

UAE prepares to start up first nuclear plant

The construction of Abu Dhabi’s nuclear power facility appears to be on schedule, but unresolved issues surrounding its operation remain.

26 January 2016

Coal falls out of favour in the United States

Once the primary source of power generation in the United States, King Coal is now under siege across the land.

25 January 2016

Financial innovation needed in Gulf renewables

If the Middle East is to meet its ambitious energy targets, the renewables industry will need to access new sources of finance.

21 January 2016

US emission limit cuts hit coal production

With emission reductions required across the United States, cuts to higher-emitting power generators should be expected.

18 January 2016

COP21 is a wake-up call for gas as well as coal

Although gas is expected to fare better than coal in the transition to low-carbon technology, both sectors would see long-term benefits from carbon capture and storage.

15 January 2016
Crude oil

Brent crude hits 12-year low

Brent and West Texas Intermediate crude oil prices remain weak, with Brent prices falling to a 12-year low on Thursday to trade at $29.73 per barrel.

14 January 2016

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