Crude oil futures declined more than 2 percent on Monday on investors’ concerns about supply glut and the dollar appreciation, but heating oil futures rose 5 percent amid operational issues at main U.S. refineries.
read more... 24/02/2015
Turkey, assisted by the European Bank for Reconstruction and Development (EBRD), envisages the deployment of 61 GW of renewable capacity by 2023, including 20 GW of wind.
read more... 24/02/2015
Italy plans to scrap the standard power and gas tariff regime for households and small companies from 2018 as part of efforts to liberalize the retail electricity market, as stated on Friday by the Industry Minister Federica Guidi.
read more... 23/02/2015
Crude oil prices were mixed on Friday as the number of U.S. rigs drilling for oil dropped more than expected, while heating oil boosted 6 percent on a cold snap that shrunk output at three refineries. The front-month Brent rose just by penny to settle at $60.22, after plunging to a week low of $57.80 on Thursday. WTI's March futures declined 82 cents to close at $50.34 a barrel, expiring as the front-month contract.
read more... 23/02/2015
Lithuania's Litgas has inked a natural gas transit agreement with Latvian grid operator Latvijas Gaze to guarantee shipments to Estonia, as stated by the company on Friday.
read more... 23/02/2015