A coal-fired power plant in Germany. (E.On) Policy & Regulation

EU emission limits cloud outlook for coal plants

Stricter EU limits on airborne pollutants mean many of Europe’s coal-fired power plants face an uncertain future.

By Andreas Walstad 21 August 2017
Exploration & Production

Wellesley Petroleum obtains drilling permit in Norway’s North Sea

Wellesley Petroleum has received a drilling permit for well 33/9-22 S in production licence PL 881 in the North Sea.

21 August 2017
Companies & Finance

Kosmos starts trading on London Stock Exchange

Independent oil and gas company Kosmos Energy has started trading on the London Stock Exchange.

21 August 2017
Companies & Finance

Total acquires Maersk’s oil and gas subsidiary for $7.45 bln

Total has acquired Maersk Oil & Gas, a subsidiary of shipping group A.P. Møller-Mærsk.

21 August 2017
Exploration & Production

Statoil receives approval for Valemon field work

Statoil has received authorisation from the Petroleum Safety Authority Norway to drill and complete the Valemon field.

18 August 2017
LNG

Croatia launches work for FSRU project on Krk island

State-owned LNG Croatia has started seabed drilling and geological surveys at the location it intends for its planned FSRU.

18 August 2017
Exploration & Production

Greenpeace activists attempt to stop drilling at Statoil well

Greenpeace activists entered the safety zone around Statoil’s Songa Enabler rig at the Korpfjell well in Norway on Thursday in an attempt to halt the drilling.

18 August 2017
European power lines. (European Parliament) Policy & Regulation

Better TSO coordination needed to boost power trading

Underused interconnector capacity in the European power market will need to be addressed if the region seeks a Single Energy Market.

18 August 2017
Exploration & Production

UK shale gas unlikely to be economic – study

The UK’s most-promising reservoirs of shale gas are unsuitable for production, a study conducted by Scotland’s Heriot-Watt University has said.

17 August 2017
Exploration & Production

Statoil commences drilling in North Sea Verbier prospect

Statoil has started drilling at well 20/05b-13 on its P.2170 licence and Blocks 20/5b & 21/1d at the Verbier prospect in the UK North Sea.

16 August 2017
EU Energy Policy

EC clears Brookfield’s stake in UK power company

The European Commission has approved the acquisition of joint control over FHHGL by Canadian global asset manager Brookfield and French energy company Engie.

16 August 2017
EU Energy Policy

EU and Switzerland move closer to linking carbon markets

The European Commission has adopted two proposals to finalise an agreement with Switzerland on linking the EU’s ETS with the Swiss version of the scheme.

16 August 2017
Alternative Fuels

Norway could become first fully electric country – Energi Norge

Energi Norge has submitted a plan to the government to make Norway the world’s first 100% electric society by 2050.

16 August 2017
Lower spot gas prices and a recent rebound in electricity prices helped RWE boost profit margins. (RWE) Companies & Finance

Utilities take stock as German election looms

Whichever party takes office in Berlin in the autumn will face pressing challenges to overcome security of supply concerns in the wake of Germany’s nuclear phase-out.

16 August 2017
The LNG terminal on Revithoussa Island, Greece. (EC) LNG

Gas market upswing good news for Greek hub plans

Strong investor interest in its grid operator and rising demand are favourable signs for Greece's ambition of becoming a regional gas hub.

16 August 2017
Companies & Finance

Vermilion not expecting to pay tax on Corrib profits

The Canadian company Vermilion does not anticipate paying tax on profits from the field, it said in an update to investors on Monday.

15 August 2017
Companies & Finance

RWE’s earnings rise despite weaker margins from coal plants

RWE’s adjusted EBITDA increased by 7% year on year in H1 2017 despite declining margins from coal-fired power generation, the company said on Monday.

15 August 2017
Electricity pylons in Europe. Cross-border transmission capacity is often restricted.   (European Parliament) Policy & Regulation

Traders push power TSOs to boost cross-border capacity

Europe’s TSOs are holding back too much capacity at electricity interconnection points, critics say.

14 August 2017
Pipelines, Storage & Power

State should maintain control over Incukalns gas storage – Kucinskis

The Latvian state should buy shares in the Incukalns underground gas storage facility to maintain control over it, the country’s energy minister has said.

14 August 2017
Gas for Transport

Brussels OKs Czech support scheme for alternative transport

The European Commission has found that Czech plans to support building a network of refuelling and recharging stations for low-emission vehicles is in line with EU state aid rules

11 August 2017
EU Energy Policy

Brexit to remove right to sue government if it misses green targets

UK citizens will lose the right to sue the government for failing to meet climate targets after the country leaves the EU.

11 August 2017

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