EU Energy Commissioner Miguel Arias Cañete (left) and Maltese Energy Minister Joe Mizzi at the summit. (European Council) EU Energy Policy

EU member states agree 30% energy efficiency goal

EU energy ministers have agreed a more ambitious energy efficiency target in the hope of reducing Europe’s dependence on imported gas.

By Andreas Walstad 27 June 2017
Pipelines, Storage & Power

Ukraine president warns French prime minister over Nord Stream 2

Ukrainian President Petro Poroshenko has warned French Prime Minister Edouard Philippe of the threat he believes Nord Stream 2 poses to European supply security.

27 June 2017
Gas for Transport

French diesel taxes may go up – minister

French Energy Minister Nicolas Hulot has said his government is considering increasing taxes on diesel and making "decisions faster" regarding cuts to carbon emissions.

26 June 2017
Exploration & Production

France to stop oil and gas licensing rounds

The French government plans to introduce a new law in the autumn banning any future oil and gas exploration licensing rounds.

26 June 2017
EU Energy Policy

EC will wait before giving verdict on US Russia sanctions – Šefčovič

The European Commission will not give its opinion on stricter US sanctions against Russia before the House of Representatives and the president have offered their verdicts.

23 June 2017
Alternative Fuels

UK watchdog slams Hinkley Point nuclear deal

A report by UK spending watchdog the National Audit Office (NAO) has labelled the government’s deal for the Hinkley Point C nuclear power plant as "high cost and risky".

23 June 2017
Marco Alverà (left), chief executive of Snam, is now president of GasNaturally. (Snam) Companies & Finance

Snam increases its influence in Europe

The recent appointment of Marco Alverà as president of GasNaturally is a further step towards consolidating the role of Snam as a giant in the EU gas network.

23 June 2017
Grain LNG terminal. The UK’s carbon floor price has helped gas gain market share from coal. (Flickr/National Grid) LNG

ETS price too low for LNG to crowd out coal in power

LNG import prices in Europe have dropped sharply but will still rely on a boost in carbon prices to compete with coal in power generation.

22 June 2017
Exploration & Production

Norway launches 24th licensing round

Norway’s Ministry of Petroleum and Energy has announced the 24th licensing round on the Norwegian Continental Shelf.

22 June 2017
EU Energy Policy

Brussels OKs Danish support for coal-to-biomass conversion

The European Commission has approved Denmark’s DKK 422 million support package to convert DONG Energy’s coal-fired power plant in Kalundborg to use biomass.

22 June 2017
Companies & Finance

Centrica to sell two CCTG to EP UK Investments

UK energy and service company Centrica has sold the Langage and South Humber Bank CCGT power stations to EP UK Investments for £318 million.

21 June 2017
LNG

Snam in talks to buy 7.3% stakes in Rovigo LNG terminal

Italian transmission system operator Snam is holding exclusive talks with energy company Edison to buy a 7.3% stake in the Rovigo terminal in northern Italy.

21 June 2017
Alternative Fuels

Nuclear fuel tax verdict is boost for German utilities

A court ruling voiding a nuclear fuel tax imposed on German utilities will strengthen the balance sheets of companies that have been hit by lower power prices.

21 June 2017
Pipelines, Storage & Power

Centrica ends storage operations at Rough

Centrica will permanently end storage operations at the Rough gas storage facility in the UK, the company announced in a note on Tuesday.

20 June 2017
BTL Group has completed a successful trial with BP and other companies. (BP plc) Companies & Finance

Scale-up planned for blockchain gas trading

BTL Group is working to scale up a blockchain project that will simplify gas trading and make it safer, according to the company’s chief innovation officer.

20 June 2017
Pipes for Nord Stream 2. A US bill for new Russian sanctions has angered some EU members. (Nord Stream 2) EU Energy Policy

US sanctions bill stirs controversy in Europe

A draft bill passed by the US Senate potentially giving the green light for tighter sanctions on Russia has angered some EU member states.

19 June 2017
Companies & Finance

Swedish fund sells stakes in energy companies

Swedish pension fund AP7 has sold its investments in six oil and gas companies that it says violate the Paris climate agreement.

16 June 2017
Pipelines, Storage & Power

Greece, Cyprus and Israel to speed up EastMed construction

The leaders of Greece, Israel and Cyprus have set a target date of 2025 for the completion of the EastMed pipeline.

16 June 2017
Pipelines, Storage & Power

Drax considers converting remaining coal units to gas

UK power generation company Drax may convert its remaining coal-fired plants to run on gas and have them compete in the UK capacity market.

16 June 2017
Gas for Transport

Italian ferry line investing €200 mln in LNG-fuelled ships

Italian shipowner Caronte & Tourist will invest €200 million over the next 10 years to procure 10 LNG-powered ferries.

16 June 2017
Companies & Finance

Brussels clears Cargill-Macquarie petroleum deal

The European Commission has approved Macquarie's acquisition of sole control over the petroleum trading and marketing business of Cargill.

16 June 2017

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