Latest news

India mulls the reduction of LNG customs duty to 2.5%

India has decided to reduce the duty on LNG imports to 2.5% from 5% to encourage the use of natural gas in the country, finance minister Arun Jaitley said while presenting his federal budget for fiscal 2017-2018 Wednesday.

read more... 07/02/2017

news

Daily (07.02.2017): Brent and WTI crude at lowest level since Jan. 31

Crude oil prices tumbled on Monday as robust U.S. supplies and excess speculative length offset OPEC output reductions and mounting tensions between the United States and Iran.

read more... 07/02/2017

news

Npower rises energy prices by 9.8%

Energy provider Npower has made known about its intention to increase prices for householders by 9.8%, adding £109 to the average dual fuel yearly energy bill, rising it to £1,188. It includes a growth of 4.8% on gas and 15% on power.

read more... 06/02/2017

news

Poland might reduce imports of low-quality coal to deal with smog

Poland intends to reduce imports of low-quality coal since it wants to fight heavy smog, a move that might influence acquisitions from Russia.

read more... 03/02/2017

news

Sweden establishes target to phase out greenhouse gas emissions by 2045

Sweden established a target on Thursday of phasing out greenhouse gas emissions by 2045, among the most ambitious by any developed country and disregarding ambiguity about climate change policies under U.S. President Donald Trump.

read more... 03/02/2017

news