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Daily: Europe power prices diverge on higher nuclear availability in France, stronger electricity demand in Germany
Crude oil prices plunged slightly on Tuesday as worries about supply disruptions due to the clashes in Iraq and Ukraine attenuated, whereas oil prices gained some support from optimistic manufacturing data in China. Brent crude dropped by 7 cents to close at $112.29 a barrel, the weakest settlement price since June 12, while U.S. oil declined by 3 cents to end at $105.34 a barrel, also the lowest level since June 12.
read more... 02/07/2014
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
Gazprom stands firm to $2 billion figure for Ukraine’s gas outstanding debt
The Russia’s natural gas conglomerate Gazprom stands firm to its position that Ukraine has to pay its outstanding debt of about $2 billion before Moscow will take up talks over new gas-supply terms.
read more... 25/06/2014
Ukraine: Naftogaz announces that Gazprom intends to end compensation contract
Naftogaz, Ukraine's gas firm owned by state, declared on Thursday Russia's Gazprom desires to stop a contract which compensates Ukraine if it necessitates to utilize its gas to meet further demand from Europe.
read more... 20/06/2014
Russia halted gas delivery to Ukraine as talks fails
Russia halted gas supplies to Ukraine on Monday, marking the last hostile move in the conflict between the two countries. This is the third cut off to Ukraine since 2006.
read more... 17/06/2014