Reforms aimed at raising prices on Europe’s carbon market are likely to be agreed by the end of June at the latest, a senior official at the European Commission said on Wednesday. ›

The Department of Energy & Climate Change awarded contracts worth more than 315 million pounds to 27 projects, according to a statement released Thursday. The companies were vying for a maximum of 325 million pounds of annual funding as part of Britain’s effort to cut carbon emissions and boost cleaner forms of energy. ›

European Commission has raised concerns that subsidising imported biomass could distort market ›

Daily natural gas production from the Groningen field in the Netherlands could drop below 50 million cubic metres towards the end of Q2 2015, according to calculations based on the latest cumulative Dutch production data from operator GTS. ›

The most volatile oil market in almost six years is set to continue seesawing as a global glut that drove prices lower last year persists for at least the first half of 2015. ›

Asian spot liquefied natural gas (LNG) prices slipped to a discount to European prices for the first time since 2011, as weak demand weighed, traders said on Friday. ›

The recent surprise drop in crude oil prices is having big impacts on international LNG prices and may cause a slowdown in the development of LNG export plants globally. LNG is liquefied natural gas, cooled to a temperature of -260° F, for the purpose of compression and transportation. International shipments of LNG by container ship are generally price-indexed to crude oil, meaning that falling oil prices have led to a comparable drop in LNG prices. ›

Austria is to launch a legal challenge against the European Union’s (EU) decision to allow billions of pounds of subsidies for Hinkley Point C, casting fresh doubt over the UK’s first planned nuclear reactors in 20 years. ›

Oil futures rallied on Friday after the International Energy Agency said a price recovery might be in sight. ›

The price of carbon emission permits in EU member states is forecast to rise on average by 62 percent in 2015 as part of steps taken by the Union to end the over-supply of carbon allowances which has led to increased pollution. ›