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NewsWorld news 09.11.2017 17:46Total, Eni to start drilling in Block 6 offshore Cyprus by early 2018French oil company Total and Italy’s Eni are reportedly planning to start drilling in a joint exploration block off the coast of Cyprus by the end of the year or in early 2018, Offshore Energy Today reported. According to Reuters, Cyprus 09.11.2017 12:58Landmark agreement between Parliament and Council delivers on EU's commitment to turn Paris Agreement into realityThe European Parliament and Council have today reached a provisional agreement to revise the EU Emissions Trading System (EU ETS) for the period after 2020, the European Commission announced in a press release. This revision will contribute to put 08.11.2017 17:47France postpones cutting nuclear share of power production because of a risk to supplyFrance risks power supply shortages after 2020 if it moves ahead with plans to simultaneously shut down four 40-year-old nuclear reactors and all its coal-fired plants, according to grid operator RTE, Reuters reported. France aims to phase out 08.11.2017 10:32SSE and Innogy in talks to merge UK retail energy supply businessesBritish utility SSE and German rival Innogy are in talks about merging their UK retail energy businesses to create a company that would challenge British Gas as the country’s largest power supplier, Reuters reported. A tie-up would come 30.10.2017 17:42Azerbaijan, Georgia, Turkey launch 'Silk Road' rail linkThe leaders of Azerbaijan, Turkey and Georgia launched an 826-km rail link connecting the three countries on Monday, establishing a freight and passenger link between Europe and China that bypasses Russia, Reuters reported. The line, which includes 27.10.2017 14:36Big Oil will bid for Brazil's deepwater pre-salt fieldsBrazil will auction eight blocks in its coveted deepwater oil region on Friday, a prospect that has lured top executives from the world’s biggest oil companies to Rio de Janeiro for the bidding round, Reuters reported. The oil firms and 26.10.2017 15:42Japan's JERA signs three-year LNG purchase contract with MalaysiaJERA Co, Japan’s biggest liquefied natural gas (LNG) buyer, said it signed a three-year LNG purchase agreement with a subsidiary of Malaysian state energy company Petroliam Nasional Bhd (Petronas) starting in 2018, Reuters reported. JERA, 26.10.2017 14:56Тhe European Commission approves Hungary's €131 million investment aid to MOL petrochemical plantThe European Commission has found Hungary's €131 million investment aid to MOL Petrolkémia Zrt's Tiszaújváros plant to be in line with EU State aid rules, the Commission announced in a press realease. The support will contribute 25.10.2017 15:22French regulator delays decision on EDF reactors' life extensionFrench regulator ASN’s general ruling on whether state-owned utility EDF can extend the life span of its nuclear reactors beyond 40 years will be delayed until at least mid-2020, Reuters reported. The ASN had said before that a broad 24.10.2017 17:15South Korea to resume building two new nuclear reactors, but scraps plans for 6 othersSouth Korea will resume the suspended construction of two new nuclear reactors, its energy ministry said, but has torn up plans to build six more reactors as Seoul seeks to meet pledges to cut reliance on nuclear power, Reuters reported. The 24.10.2017 12:43Engie in talks with Total as it reviews part of its LNG businessFrench gas utility Engie is in discussions with Total and other unnamed companies as it reviews parts of its liquefied natural gas (LNG) businesses, it said on Monday, raising the prospect of a possible sale. In a statement Engie said it 23.10.2017 13:53Noble Group to sell oil liquids unit to Vitol for $1.4 billionStruggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter, Reuters reported. Noble |
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