The UK oil and gas industry, both offshore and onshore, have reacted to a study by University of Edinburgh scientists suggesting the UK hydrocarbons reserves may only last another decade, Kallanish Energy reports.
The UK energy industry will lose one of the few women holding a chief executive position, as Dorothy Thomson retires from British energy giant Drax after 12 years of leadership, Kallanish Energy learns.
Ukrainian Prime Minister Volodymyr Groysman told his cabinet he won’t allow the reforms at state-run gas firm Naftogaz to be derailed, in response to the resignation of its independent board over alleged interference from the government.
UK’s green investment company, Quercus, will build a 600-megawatt (MW) solar photovoltaic (PV) power plant in central Iran, as investors seek to tap the “huge potential” in the Middle East’s second largest economy and the region’s biggest renewable energy market.
German utility company Uniper rejected on Wednesday the €8.05 billion ($9.66 billion) takeover offer from Finish energy firm Fortum, under negotiations with Uniper’s major shareholder E.ON, Kallanish Energy reports.
Russia’s state-owned nuclear developer Rosatom has created a new managing company, SC NovaWind, to implement its strategy in wind energy and consolidate all its wind energy assets, Kallanish Energy finds.
Finland’s nuclear power plant consortium, Fennovoima, said on Monday it expects the construction license of its Hanhikivi 1 power plant to be granted in 2019 – a year later than previously estimated, Kallanish Energy reports.