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Dutch cabinet in crisis over coal closure plans

Dutch cabinet in crisis over coal closure plans

The Dutch Government is at a stalemate over a proposed plan to close the country’s five remaining coal-fired power plants. The dispute is between environment minister Sharon Dijksma who is in favour of the plan and Economic Affairs Minister Henk Kamp who says the plan is too expensive. Newspaper Financieele […]

West Virginia billionaire businessman Jim Justice announced his run for governor of West Virginia as a Democrat in White Sulphur Springs, W.Va., on May 11, 2015.

Energy magnate takes office as West Virginia Governor

West Virginia’s new Governor, billionaire Jim Justice has taken a midnight oath of office after winning office after a campaign based on job creation. At his inauguration speech, he pledged to detail further plans during his State of the State speech on February 8th. He told those gathered outside the […]

Bulgarian gas customers face higher bills in 2017

Bulgarian gas customers face higher bills in 2017

Households and businesses in Bulgaria face increased energy costs in 2017 after gas company Bulgargaz submitted proposals for a 13.53 per cent wholesale price rise to the country’s energy regulator. State-owned Bulgargaz, the largest gas distribution company in Bulgaria, is responding to expectations of a rise in international gas prices. It […]

Magnolia Petroleum sees US onshore activity improvement

Magnolia Petroleum sees US onshore activity improvement

US oil and gas production company Magnolia Petroleum has announced it is expecting a pick-up in its US onshore activity. The firm, which recently finalised a major asset portfolio, has operations in hydrocarbon formations, including the Bakken and Three Forks Sanish in North Dakota, and the Woodford, Mississippi Lime and […]

Sinar Mas announce $150m coal unit expansion

Sinar Mas announce $150m coal unit expansion

Jakarta-based Sinar Mas Group is set for a 50 per cent increase in capital expenditure this year to expand its coal mining unit, Dian Swastatika Sentosa.  The company will increase its capex to $150m in 2017 said Dian Swastitka director Hermawan Tarjono. Hermawan went on to state that the company is […]

French energy giant plans $1bn annual investment into Brazilian operations

French energy giant plans $1bn annual investment into Brazilian operations

The Brazilian arm of French energy company Total SA, Total E&P do Brasil, plans to invest US$1 billion annually in Latin America’s largest economy, according to Maxime Rabilloud, head of Total’s Brazilian operations. The decision to expand operations in Brazil follows Total agreeing to acquire assets from Petrobras in the […]

Petra Nova, US carbon capture project begins operations

Petra Nova, US carbon capture project begins operations

The Petra Nova carbon capture plant opened this week, the first of its kind and size in the United States. The plant is the largest post-combustion carbon capture system in the world,, and will capture over 1 million tons of carbon dioxide per year or 5,000 tons per day. The […]

National Grid avoids breakup in Ofgem deal

National Grid avoids breakup in Ofgem deal

The UK Government and National Grid have reached a deal that will separate its transmission business from its grid management role. National Grid is responsible for constructing and maintaining the poles and wires which transport electricity from generators as well as the decision on which power sources are active at […]