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Gazprom and Lukoil see serious second quarter profit rise
Russian gas giant Gazprom reported a surge in second-quarter net profit, beating analysts’ expectations, as it benefited from rising energy…
German energy prices reach six-year record
The front-year contract for German power rose to a fresh six-year high of EUR 50.15/MWh on Monday, buoyed by a…
Norway may pay energy-hungry firms to cut power consumption in winter
Norway’s transmission system operator Statnett may have to pay large electricity users to cut their energy consumption this winter if…
French Energy minister resigns in clash with Macron
France’s Energy and Environment Minister Nicolas Hulot resigned from Emmanuel Macron’s government, saying the president’s administration has made only “small…
Ministry of Economy: Vestmoldtransgaz takeover will be finalized next week
The takeover of s state-owned Vestmoldtransgaz by Transgaz will be completed next week after the suspensive clauses of the privatization…
ANRE: 85.88% of the gas consumed in Romania was traded on RCE in May 2018
The volume of natural gas traded on the centralized markets in May 2018 reached 85.88% of the total domestic consumption,…
South Africa drops nuclear, adds renewables in energy plan
South Africa has dropped proposals to boost supply from nuclear plants in its latest energy blueprint and will increasingly harness…
UK energy suppliers set to offer post-Brexit contracts
The UK’s largest energy suppliers are about to offer long-term contracts without knowing what regulations will apply after Brexit, creating…
Paroșeni, the first unit of CE Hunedoara in accordance with the European environmental legislation
Starting Monday, August 27, 2018, the Paroşeni Thermal Power Plant operates in accordance with the environmental values imposed by European…
Kalashnikov enters the electric car market
The Russian arms maker Kalashnikov has unveiled its new electric car, inspired by a rare 1970s model, saying the technology…
EU set to end Chinese solar panel import controls in September
The European Union will scrap import controls on solar panels and cells from China in September, rejecting a request from…
Fortune Names ABB among Top 10 Companies in “Change the World” List
ABB’s global leadership in fast charging solutions for electric vehicles leads Fortune magazine to rank it #8 among top companies…
