The Tesla Model X. The UK will ban the sale of new petrol and diesel cars from 2040. (Tesla) Gas for Transport

Gas ruled out from powering UK’s new electric cars

The UK’s ban on new fossil fuel-powered cars from 2040 will increase power demand, but new generation will mainly come from renewables, analysts say.

By Silvia Favasuli 27 July 2017
A combined heat and power plant in Austria. (Siemens) Policy & Regulation

Power sector secures lion’s share of €4.3 bln EIB loan

The European Investment Bank approved €4.3 billion of loans for energy-related projects this week, with the majority going to the electricity sector.

20 July 2017
Alternative Fuels

Hinkley Point C cost could reach £50 bln

The planned Hinkley Point C nuclear power plant could cost consumers £50 billion over the life of the project.

19 July 2017
The Fessenheim nuclear plant, France. The government plans to reduce nuclear’s share of the country’s energy mix. (EDF) Policy & Regulation

French energy policy offers chance for gas

Plans to phase out coal and nuclear in France’s power supply could offer gas a chance to gain market share.

19 July 2017
Exploration & Production

Statoil to test Carmen Prospect in block 6507/8

Statoil has been granted a drilling permit for one wildcat well and one pilot well in production licence PL 124 in the North Sea.

19 July 2017
Exploration & Production

IOG submits field development plan for Blythe Hub

Independent Oil & Gas has requested authorisation from the UK Oil and Gas Authority for the development of the Blythe Hub in the southern North Sea

19 July 2017
Alternative Fuels

Germany, Poland account for half of EU coal capacity

Germany and Poland account for a combined 51% of the EU’s installed coal capacity and 54% of emissions from coal.

19 July 2017
EU Energy Policy

EIB lends €4.3 bln to energy projects

The European Investment Bank has approved €4.3 billion in loans to finance energy projects in Europe and elsewhere.

18 July 2017
Pipeline construction in Europe. (Gasunie) Pipelines, Storage & Power

Eastring moves forward, but money remains an issue

The proposed interconnector is making slow progress, but questions over funding and a competing project mean it still has far to go, experts say.

18 July 2017
Supply & Demand

German gas imports up 19.5% in 2017

Germany’s gas imports between January and May 2017 increased by 19.5% from a year earlier.

18 July 2017
Companies & Finance

Enagás profits up 25.6% in H1 2017

Spanish energy company Enagás made a net profit of €269.1 million in the first half of the 2017 financial year, a 25.6% increase from the same period last year.

18 July 2017
Exploration & Production

Statoil finds 2-3 bcm gas basin in Barents Sea

Norway’s Statoil made a small gas discovery during its 2017 Barents Sea exploration campaign, the company said in a note on Monday.

17 July 2017
Companies & Finance

Centrica to create an E&P company with Bayerngas Norge

Centrica’s European oil and gas exploration and production branch will merge with Norwegian company Bayerngas Norge to create a new independent European E&P company.

17 July 2017
EU Energy Policy

EC clears Ineos acquisition of Forties pipeline system

The European Commission has approved Ineos’s acquisition of the UK’s Forties Pipeline System (FPS) and interests in the North and South Graben Area Export Lines (GAEL spurlines) from BP

17 July 2017
EU Energy Policy

Brussels warns Romania over power plant emissions

The European Commission has requested Romania reduce emissions from large combustion plants.

17 July 2017
A gas-fired power plant in Germany. (E.On) Pipelines, Storage & Power

EU gas-to-power growth to be short-lived – IEA

The recent increase in gas demand for power generation will not last for long, according to the International Energy Agency.

17 July 2017
Pavol Hamžík. (Ukrainian foreign ministry) Pipelines, Storage & Power

Slovakia supporting Ukraine despite risks – Hamžík

Slovakia’s ambassador-at-large for energy security explains his country’s reverse-flow support for Ukraine.

17 July 2017
Policy & Regulation

Brussels OKs USSL’s stake in Redexis Gas

The European Commission has approved the acquisition of joint control over Spain’s Redexis Gas.

14 July 2017
Policy & Regulation

UK considers tweaking rules to let Aramco list on LSE

The UK’s Financial Conduct Authority is considering the creation of a new category for companies to enable Saudi Aramco to list on the London Stock Exchange.

14 July 2017
EU Energy Policy

EU sends formal notice to Croatia over Third Energy Package

The European Commission has sent a letter of formal notice to Croatia with a request to ensure correct implementation of several gas and electricity directives.

14 July 2017
Policy & Regulation

UK lords launch new inquiry into Brexit and energy

The UK’s House of Lords EU Energy and Environment Sub-Committee has launched a short inquiry into the implications of Brexit for UK energy security.

12 July 2017

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