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Greece and Russia will collaborate on Turkish Stream pipeline

Greece and Russia inked a memorandum on Friday on enlarging the planned Turkish Stream gas pipeline to Europe via Greek territory, with financing coming from Russia.

read more... 22/06/2015

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UK government to halt prematurely financial support for onshore wind

The British government unveiled it will end Renewables Obligation (RO) subsidy regime for new onshore wind power projects from April 2016, a year ahead than originally planned.

read more... 22/06/2015

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Daily: Crude oil declines by 2 percent on Greek fiscal crisis concerns

Crude oil decreased by about 2 percent on Friday, the first fall after three days of gains, as concerns about the Greek fiscal crisis, lower oil products prices and pre-weekend profit taking undermined the market. Brent crude declined by $1.24, or 1.9 percent, to close down for the first time since Monday at $63.02 a barrel. U.S. crude eased 84 cents, or 1.4 percent, to settle at $59.61.

read more... 22/06/2015

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Veolia obtained a contract to run Guinea’s state electricity company

France's Veolia has obtained a contract to run Guinea's struggling state-owned electricity company, in an agreement likely to unlock more than $1 billion in investment, as shown in a government document.

read more... 22/06/2015

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Daily: European spot prices decline since demand drops

Oil prices insignificantly changed in thin trade on Friday, with a prediction of higher output by U.S. shale oil producers this year adding to fears over demand and preventing the market from prolonging the prior session's gains.

read more... 19/06/2015

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