Russia's Gazprom declared on Wednesday it is unable to satisfy increasing gas demand from Europe while it creates stockpiles prior to winter, weakening the ability of Europe to supply Ukraine with gas. Slovakia, Poland, Romania and Austria have all registered insignificant declines in shipments recently from Russia, which is involved in a dispute with the European Union over the crisis in Ukraine.
read more... 18/09/2014
Brent crude increased by more than $1, while WTI crude futures by more than 42 dollars on Tuesday, spurred by OPEC output cut forecast, as well as by weakening dollar and news that Libya had reduced production after rockets hit an area near the Zawiya refinery. Brent crude for November delivery boosted $1.17 to close at $99.05 a barrel. The front-month U.S. October crude rose $1.96 to settle at $94.88 a barrel.
read more... 17/09/2014
Danish wind turbine manufacturer Vestas confirmed information in the market concerning a project of 200 megawatt in the United States, as stated by the company on Friday evening.
read more... 08/09/2014
Sweden's most important opposition party, which is likely to win the major share of the vote in an election next week, could vend several of the non-Nordic business of state-owned energy conglomerate Vattenfall if it comes to electricity, according to a senior party official.
read more... 05/09/2014
Croatia's state power board Hrvatska Elektroprivreda (HEP) declared it had designated Japan's Marubeni as number one bidder for the construction of a coal-fired thermal power plant with a capacity of 500 megawatts, which will be located on the northern Adriatic.
read more... 03/09/2014