Russia, Ukraine and the European Commission negotiated eight hours on Tuesday without reaching an agreement on working out a gas pricing dispute, increasing the risk of halt in supply.
read more... 10/06/2014
Brent crude boosted on Monday, adding over $1 to trade greater than $110 a barrel for the first time since June, while WTI crude gained about $2, as upbeat figures from China and the U.S. underlined a strong economic growth and higher demand for oil from the both countries, the two largest consumers in the world.
read more... 10/06/2014
Spanish utility Iberdrola intend to make an investment of minimum $5 billion (3.7 billion euros) in Mexico for a period of six years through 2018, as stated by Chairman Ignacio Sanchez Galan on Monday, since the country opens its traditionally enclosed energy market to private investment.
read more... 10/06/2014
Bulgaria has not renounced the intention to construct the South Stream pipeline to supply Europe with Russian gas and considers that the project managed by Gazprom will be finished once problems over its structure are fixed, as stated by Energy Minister Dragomir Stoynev on Monday.
read more... 10/06/2014
Increasing solar and wind power capacity will aid France handle with a heat wave this summer without bringing in power from its neighbours, despite seasonal repairs on its nuclear power flotilla, as stated by the French power grid on Friday.
read more... 09/06/2014