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Medvedev mulls doubling gas production in Crimea

Gas production in Crimea region could increase by two-fold within the next few years, declared Russia’s Prime Minister Dmitry Medvedev.

read more... 26/03/2014

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Spain government considers increasing subsidies for gas-fired power plants to prevent further closure of facilities

The Spanish government aims to increase the aid for under-used gas-fired power plants in order to avoid utilities’ closures around the country.

read more... 26/03/2014

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Daily: Brent crude oil prices increase on sanctions against Russia, healthier equities

BBrent crude oil futures boosted on Thursday on tighter sanctions against Russia which added a new risk premium and because of healthier equities which encouraged prices. Meanwhile, U.S. dropped ahead of the April contract's expiry.

read more... 21/03/2014

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Romania will raise gas prices in April

Regulated natural gas prices in Romania will see an increase of 2% for households and 5% for industrial consumers starting from April, as part of a broader plan to liberalize energy markets, as stated on Thursday by Nicolae Havrilet, the chief of energy regulator ANRE. He also declared that electricity prices will remain stable.

read more... 21/03/2014

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Bosnia: 52% increase in power exports due to hydropower gains

Bosnia’s electricity exports registered a significant increase of almost 52% in 2013 attributable to gains in hydropower production, according to data presented by the government on Thursday, accentuating its position as the major power exporter in the Western Balkans.

read more... 21/03/2014

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