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Daily: Brent crude insignificantly changed amid choppy trading on eased supply concerns
Brent crude oil suffered little changes in agitating trading on Friday as investors moved to square positions after one of the international benchmark’s largest weekly declines in 2014 due to attenuated worries about exports from war-hit Iraq.
read more... 30/06/2014
Adriatic Gas Corridor project: Ukraine is eyeing importing LNG from Croatia
The Ukrainian gas transportation company Ukrtransgaz is considering the possibility of importing LNG from Croatia under the Adriatic Gas Corridor project.
read more... 27/06/2014
UK: National Audit Office blames DECC for generous renewable energy subsidies
A British parliament watchdog accuses the Department for Energy and Climate Change (DECC) having granted in April too generous subsidies, valued at 16.6 billion pounds, to eight renewable energy projects, without price competition, meaning that households could be forced to pay higher energy bills.
read more... 27/06/2014
Daily: UK winter gas plunges to the lowest level since October 2011
The European and U.S. crude oil benchmarks dropped on Thursday as worries about exports disruptions from war-devastated Iraq attenuated, allowing market participants to take some profits. Brent crude declined 79 cents to close at $113.21, its weakest settlement since June 16. U.S. crude fell 66 cents to end at $105.84, the lowest settlement since June 11.
read more... 27/06/2014
Total: First Danish shale gas exploration authorized
French energy major Total received the green light from a town in northern Denmark to start drilling first shale gas test wells in the Northern country where conventional gas production is depleting.
read more... 27/06/2014