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PGNiG will supply to Ukrainian industrial market

Polish state-run oil and gas conglomerate PGNiG declared on August 4 it had started supplying to ERU Trading, the biggest privately-owned energy trader in Ukraine and a unit of Energy Resources of Ukraine. Deliveries will go to provide natural gas to Ukrainian industrial users.

read more... 08/08/2016

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Daily: Crude oil prices in slight decline as late short-covering offsets dollar impact

Crude oil prices closed little changed on Friday as short-covering returned in late trading, slightly declining as the U.S. dollar increased on upbeat U.S. jobs figures. The U.S. WTI contract for September delivery fell modestly 13 cents, or 0.3 percent, to close at $41.80 per barrel, after declining nearly 2 percent earlier. Brent crude's front-month lost just 2 cents to end at $44.27 per barrel. Previously in the session, it tumbled to $43.51.

read more... 08/08/2016

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Spanish Iberdrola gets a loan of €200 million from EIB

Spanish electric utility Iberdrola will obtain a €200 million loan from the European Investment Bank (EIB) to use towards renewable energy investments, the company made known on Wednesday.

read more... 05/08/2016

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PIRA Energy Group to be acquired by S&P Global Platts

S&P Global Platts, a leading commodity price reporting agency, unveiled on Thursday it had agreed to acquire PIRA Energy Group, a leader in global energy market analysis.

read more... 05/08/2016

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Alstom Power obtains turbine generator order for Finnish nuclear plant

Alstom Power Systems, a division of GE, will supply a turbine generator package for Fennovoima's Hanhikivi 1 nuclear power plant in Finland.

read more... 05/08/2016

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