Latest news
German utility EWE thinks about sale of stake in gas company VNG
EWE AG, Germany's fifth-biggest utility by sales, is in negotiations to vend its stake in gas company VNG AG, a transaction that could bring 1.3 billion euros ($1.45 billion), as stated by two sources familiar with the deal.
read more... 06/03/2015
Russia obtains $15 million gas payment from Ukraine
Russian gas exporter Gazprom declared on Thursday it had obtained a $15 million prepayment from Ukrainian state energy company Naftogaz, avoiding a possible disruption in supply, at least for a few days.
read more... 06/03/2015
Daily: Crude oil prices tumble in a volatile trade, on stronger dollar, nuclear deal pursuit and supply concerns
Crude oil prices settled lower on Thursday on a volatile trade, as a stronger dollar and Washington’s pursuit of a nuclear deal with Tehran offset previous gains from supply concerns in Libya and Iraq. Brent dropped 7 cents to close at $60.48 a barrel, after soaring more than $1 earlier. U.S. crude declined 77 cents at $50.76, after rallying to $52.40 earlier.
read more... 06/03/2015
British gas prices will decline since more LNG fuels coal competition
U.S. bank Goldman Sachs anticipates increasing liquefied natural gas (LNG) supplies to decrease British natural gas prices to 37 pence-per-therm in the third-quarter of 2015, reducing coal's share of the country's energy mix.
read more... 06/03/2015
UK regulator enforces selling prohibition on ScottishPower
ScottishPower, one of Britain's "big six" energy providers, has been given a provisional selling interdiction for failing to clear a logjam of consumer problems within a timeframe fixed by the regulator.
read more... 05/03/2015