Rebate on natural gas prices for winter season will be made even if gas price arbitration cases with Iran and Russia are not settled, the Energy Minister Berat Albayrak declared on Monday.
read more... 26/07/2016
A long-expected Mozambique’s offshore gas project with Italy’s Eni is likely to get the green light within months, according to sources close to the matter.
read more... 26/07/2016
Crude oil prices declined over 2 percent on Monday, with WTI crude reaching a three-month low, on intensifying concerns that a global oversupply of oil and refined products would put pressure on markets, postponing a long-awaited rebalance in the market. U.S. crude lost $1.06 to settle at $43.13 a barrel, after hitting a three-month low of $42.97 during the session. Brent crude futures closed the session down 97 cents at $44.72 a barrel, after hitting their weakest level since May 10 at $44.55.
read more... 26/07/2016
Veolia has decided to go on with its investment drive in the UK in spite of the political insecurity created by the country’s exit from the European Union.
read more... 26/07/2016
With the most photovoltaic capacity of any country in Europe, Germany has succeeded to store its excess solar power to bolster local usage.
read more... 25/07/2016