Latest news
Britain: solar power subsidy scheme to be stopped earlier
Subsides for new solar power plants in Britain might be probably ended two years earlier than anticipated in order to avoid the costs increase, as stated by the government on Tuesday.
read more... 14/05/2014
Europe forms single power market covering 70% of customers
Power grids and exchanges in southern and north-western Europe connected markets on Tuesday covering approximately 70 percent of European customers, which will contribute to unified power pricing while diminishing risks of supply.
read more... 14/05/2014
Daily: Brent, U.S. crude prices rally to two-week highs on potential stockpiles draw
Brent crude rallied on Tuesday on strong U.S. crude and gasoline markets which offset the expectations of a potential rebound in Libyan oil output by 500,000 barrels per day. U.S. crude oil rose jumped over $1 a barrel to hit two-week highs on Tuesday as stocks of U.S. crude oil at Cushing dropped to their lowest levels since 2008 in the week to May 2.
read more... 14/05/2014
Egdon turns into UK’s second major shale gas actor with Alkane accord
Oil and gas explorer Egdon Resources made known about its decision to takeover Alkane Energy's shale gas assets making it Britain's second-biggest shale gas firm.
read more... 14/05/2014
Russia warns about gas cut if Ukraine does not pay by June 2
Russia repeated on Monday its threat to cut natural gas supplies to Ukraine if Kiev would not be able to pay in advance for June deliveries, stating as well that more discussions on the matter were also conditional on payment.
read more... 13/05/2014