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06.03.2017 15:24The EC Cleared Investment in Construction of Paks II Nuclear Power Plant in Hungary
The European Commission (EC) has concluded that Hungary's financial support for the construction of two new nuclear reactors in Paks (Paks II) involves state aid. It has approved this support under EU state aid rules on the basis of commitments made06.03.2017 14:19UK CO2 Emissions Reportedly Dropped to Victorian Era Levels in 2016
Carbon emissions in the UK have fallen to levels barely seen since the latter days of Queen Victoria after a collapse in the use of coal, new figures show. Consumption of coal sank by a record 52 per cent in 2016 from the previous year as use of06.03.2017 10:37French Areva Unveiled EUR 665 Net Loss for 2016, Down from EUR 2.04 Bn
French state-controlled nuclear engineering firm Areva SA, which is in the process being restructured, said Wednesday that its net loss narrowed in 2016 when excluding the parts that are being separated from the company, MarketWatch reported. The22.02.2017 11:37Italy’s Prysmian Completed the Installation of a HV Underground Power Link in Montenegro
Italian cable provider Prysmian Group announced the successful completion of the first high voltage underground cable power link developed by the Group in Montenegro. Prysmian was awarded the project by Energomontaza, a Serbian company specialising20.02.2017 11:33Petroceltic Alleged Ex-Manager for Bulgaria Conducted Frauds
Petroceltic, the formerly AIM-listed Irish explorer taken over in May-June 2016 by private Cayman Islands-registered hedge fund Worldview, said February 16 it has filed a criminal complaint against its former Bulgaria manager David Archer and others. As16.02.2017 17:21EU Competition Authority Raids Greek ADMIE and PPC
The European Union's competition authority on Tuesday raided Greece's power utility PPC and the headquarters of the country's power grid operator ADMIE, two sources said on Wednesday, as reported by Reuters. According to media reports, the raid15.02.2017 17:31Turkish Tuz Lake Gas Storage Is Operational
Turkey’s Tuz Lake gas storage facility, which is expected to increase capacity from 1.2 billion cubic meters (bcm) to as much as 5 bcm per year, was opened in an official ceremony on Feb. 10 in the Central Anatolian province of Aksaray. President15.02.2017 17:18CROPEX Announced Start of Intraday Market Testing
Croatian Power Exchange Ltd. (CROPEX) announced the start of member testing for the implementation of the Intraday trading platform. With the successful completion of the member testing, CROPEX will officially announce the go-live date of the first15.02.2017 10:30Toshiba's Chairman Resigns After $6.3B Loss in U.S. Nuclear Business
Toshiba chairman Shigenori Shiga has resigned, hours after the Japanese conglomerate revealed details of a multi-billion dollar loss. Earlier Toshiba had delayed issuing its results, but it then said it was set to report a net loss of 390bn yen10.02.2017 14:42IEA Revised Up Global Oil Demand Outlook
Global demand for oil continues to pick up due to recent measures to rebalance the market have come into play, according to the latest report by the International Energy Agency. On the demand side of the balance, global growth has been revised upwards09.02.2017 14:56Explosion at French Flamanville NPP Leaves Several Injured
An explosion has erupted at EDF’s Flamanville nuclear power plant in northern France. At least five people suffered light injuries in the blast. EDF has confirmed that one reactor has been taken offline adding there is no nuclear risk, Euronews09.02.2017 14:22ACER Finds Progress in the Voluntary Cooperation Towards the Single EU Gas Market
ACER published on February 8 the latest edition of its gas Regional Initiatives Status Review Report informing on the voluntary progress made towards the regional gas markets’ integration. The Report brings to light accomplishments such as
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