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Serbia will reduce gas prices for households from June on weaker oil
Serbia's retail prices for natural gas pumped to households and small business consumers will drop by approximately 5 percent starting from June, mostly because of the decline in global oil prices, as stated by energy regulator AERS on Tuesday.
read more... 27/05/2015
Daily: Crude oil prices under pressure from a rising dollar
Crude oil prices declined nearly 3 percent on Tuesday as a stronger dollar weighted on dollar denominated crude oil futures alongside worries that a recent hike might keep U.S. producers active. Brent crude for July delivery fell $1.80, or 2.75 percent, to close at $63.72 a barrel, the weakest level since April 22 settlement. U.S. crude for July settlement eased $1.69, or 2.83 percent, to settle at $58.03, having traded as low as $57.71.
read more... 27/05/2015
Egypt: Mediterranean gas exploration tender prolonged by two months
Egypt has prolonged its tender for natural gas exploration in the Mediterranean Sea by two months with the addition of four new blocks, as stated by the state gas board on Tuesday, since the country wants to increase domestic energy production.
read more... 27/05/2015
French lawmakers reinstate nuclear reduction goal, decisive vote in July
The lower house of parliament in France ratified a version of the nation's energy transition law on Tuesday that reinstates main nuclear reduction targets diluted in March by the upper house Senate controlled by the Opposition.
read more... 27/05/2015
Bulgaria requires renewable energy producers to split output
Bulgaria's electricity grid operator required all green energy producers to halve their output on Monday in an effort to balance production and consumption in the Balkan country, according to the state-owned company.
read more... 26/05/2015