MEP José Blanco López has called for a higher target for renewables in the EU’s energy mix. (EP) Policy & Regulation

MEPs face long battle on renewables ambition

Efforts to raise the EU’s renewables target to 35% of energy consumption look set to face significant opposition.

By Andreas Walstad 25 May 2017
Alternative Fuels

Putin and Orban discuss Rosatom role in Paks nuclear plant

Russian President Vladimir Putin spoke to Hungarian Prime Minister Viktor Orban on Friday to discuss Rosatom’s role in two new units at Hungary’s Paks nuclear power plant.

26 May 2017
Companies & Finance

Fortum sells share in Polish Duon Dystrybucja

Fortum will sell its 100% share in Polish distribution company Duon Dystrybucja to Infracapital for an undisclosed price.

26 May 2017
Gas for Transport

Eni and Snam to develop CNG and LNG plants in Italy

Eni has signed a framework agreement with transmission system operator Snam for the development of CNG and LNG stations in Italy.

26 May 2017
Companies & Finance

Poland’s PGNiG sees 16% growth in EBITDA in Q1

Polish state-controlled PGNiG registered EBITDA of $740 million in Q1 2017, representing growth of 16% year on year.

25 May 2017
Exploration & Production

BRS Resources receives approval for production in Po Valley

AleAnna Energy has received final approval from the Italian government for its production concession at the Gradizza field in the Po Valley.

25 May 2017
Companies & Finance

Wood Group offers to sell Amec Foster Wheeler upstream business

Wood Group has offered to sell the majority of Amec Foster Wheeler’s UK upstream oil and gas business so that it can buy its smaller rival.

24 May 2017
Exploration & Production

Ineos increases North Sea presence

International UK-based petrochemicals company Ineos has increased its upstream oil and gas presence by acquiring DONG Energy’s assets in the North Sea.

24 May 2017
Companies & Finance

Höegh announces healthy Q1 profits and new FSRU order

Höegh LNG has released its interim results for Q1 2017 and has announced a profit of $11.4 million after tax.

24 May 2017
EU Energy Policy

Brussels OKs support for energy-intensive users in Latvia

The European Commission has approved Latvia’s plans to partially compensate energy-intensive users for charges incurred to support renewable energy.

24 May 2017
A well drilled by Croatian company INA. The country aims to attract IOCs in its new licensing round. (INA) Exploration & Production

Croatia plans new onshore licensing round

Croatia aims to increase its domestic production and is planning to offer new 10 onshore blocks this year and pass a hydrocarbons law to make investment easier.

24 May 2017
Innogy’s Eschweiler wind farm. The company manages renewables services that were split off from RWE. (Innogy) Companies & Finance

Analysts question Franco-German energy alliance

A possible alliance between French and German energy companies has left analysts scratching their heads.

24 May 2017
Gas for Transport

NGVs on the rise in Central & Eastern Europe

There were 195,000 NGVs in the CEE region at the end of 2015, and this figure is expected to grow, according to a survey carried out by regional TSOs.

24 May 2017
Exploration & Production

Greece invites IOCs to consider exploration offshore Crete

Greece has invited IOCs to evaluate exploration opportunities south of Crete.

23 May 2017
Pipelines, Storage & Power

Talks under way on extending Turkish Stream to EU – Medvedev

Russia is in talks with a number of European countries – including Greece and Bulgaria – about extending the Turkish Stream gas pipeline into their territory.

23 May 2017
Policy & Regulation

Brussels OKs lower surcharges for German and Italian industries

The European Commission has approved lower surcharges for energy-intensive industries in Germany and Italy.

23 May 2017
Nord Stream 2 pipes arriving in Kotka, Finland. (Nord Stream 2, Axel Schmidt) Policy & Regulation

Nord Stream 2 backers shun Russia-EU legal deal

The developers of Nord Stream 2 do not share the European Commission’s view that a separate legal framework is needed for Russian infrastructure.

23 May 2017
Alternative Fuels

Swiss referendum bans new nuclear plants

Nearly 60% of voters approved Switzerland’s ban on new nuclear plants in a referendum on Sunday.

22 May 2017
Global Markets

Latvia and Lithuania discuss energy projects

Politicians from Latvia and Lithuania met in Zagare in northern Lithuania on Monday to discuss energy issues.

22 May 2017
Exploration & Production

Third Energy plans £500 mln stock market float

Licensed UK shale explorer Third Energy is aiming to create a £500 million stock market float and hopes to raise £250 million to extract gas near the Vale of Pickering in North Yorkshire.

22 May 2017
Gilberto Dialuce (centre) from Italy’s Ministry of Economic Development. (Ministry of Economic Development) LNG

Italy aiming to be Med hub for LNG bunkering

Italy is planning a network of LNG coastal storage sites to tap maritime traffic transiting the Mediterranean, the economy ministry’s Gilberto Dialuce tells Interfax Natural Gas Daily.

22 May 2017

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