Latest news
Turkey: TPAO to purchase Total’s stake in Shah Deniz gas project
Turkey's state-controlled oil company Turkish Petroleum Corp (TPAO) has decided to buy 10 percent stake of the French energy firm Total in Azerbaijan's Shah Deniz gas project, as declared on Thursday by two sources familiar with the matter.
read more... 30/05/2014
Spain on the point of endorsing new renewable energy rules
The Spanish cabinet might consent on Friday a decree that will reduce renewable energy subsidies as part of an obligation to diminish a 30 billion euro ($41 billion) power tariff deficit, developed during years of maintaining prices below regulated costs.
read more... 30/05/2014
Daily: European coal prices fall to a fresh low on warm weather in Europe
Brent crude increased on Thursday, spurred by weak output in Libya and crisis in Ukraine, while WTI crude prices boosted on a considerable drawdown in gasoline that offset an increase in overall crude stocks.
read more... 30/05/2014
Daily: British gas prices decreased due to higher supplies from Norway
Brent futures slightly increased on Thursday, holding near $110 a barrel amid expectations of higher demand from top oil consumer the United States since a sharp decline in the country's gasoline stocks added to latest data leading to a stronger economy.
read more... 29/05/2014
Areva worries about weak global nuclear market
French nuclear reactor builder Areva, controlled by state, is dealing with a weak global nuclear market and lack of investment possibilities, as stated by the chairman of its supervisory board in the daily Les Echos on Wednesday.
read more... 29/05/2014