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Hungary’s MOL likely to purchase ENI’s Czech, Slovak, Romanian units

Hungarian oil and gas group MOL declared it had decided to purchase Eni's Czech, Slovak and Romanian units, counting as well 208 filling stations, with the aim to expand market share, mainly in the Czech retail market.

read more... 08/05/2014

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Eni unveils a new offshore oil and gas discovery in the Norwegian Barents Sea

Eni, Italy’s biggest energy group, has unveiled a new offshore oil and gas discovery in the Norwegian Barents Sea, about 230 km from Hammerfest.

read more... 06/05/2014

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Ukraine: Gazprom threatened to be sued over high gas prices

Ukraine is threatening to take the Russian gas giant to court, accusing it of having inflated the price it charges Kiev for gas.

read more... 30/04/2014

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Slovakia reaches agreement to convey limited gas volumes to Ukraine

The agreement between Slovakia and Ukraine concerning the opening up of limited capacity for reverse flow of natural gas from central Europe to Ukraine is expected to be signed in Bratislava on Monday, as stated by Tomas Malatinsky, the Slovak Economy Ministry on Saturday.

read more... 28/04/2014

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Daily: European power prices rebound after Easter decline

Brent crude fell on Tuesday, but the losses were capped by continued worries about the intensification of conflicts in Eastern Ukraine, that could trigger further Western sanctions against Russia and cut supplies. WTI crude oil also declined on Tuesday ahead of figures that should indicate that stockpiles in the U.S. were close to hit record highs. The unequal decrease of West Texas Intermediate crude futures drove to the widening of the Brent-WTI spread by more than a dollar.

read more... 23/04/2014

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