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EU, Russia and Ukraine to conclude a trilateral gas deal to ensure supply security
Vice President of the European Commission, Maros Sefcovic, said on Tuesday in his recent visit to Kiev, is envisaging inking a trilateral gas deal between Ukraine, Russia and the European Union, which should be valid till the arbitration in Stockholm by the end of the summer. The deal is aimed to ensure security of gas supply for next winter and beyond.
read more... 06/05/2015
Asian actors consider building the first nuclear power plant in Poland
Japanese companies Hitachi, Toshiba and Mitsubishi are envisaging building Poland’s first nuclear power plant, as announced by Japanese economy official on Tuesday.
read more... 06/05/2015
Daily: Crude oil attains a fresh high on Libyan oil exports disruption
Crude oil prices hit a fresh high for the year on Tuesday, following protests in eastern Libyan oil port of Zueitina which created a disruption in crude exports, stronger selling prices for Saudi oil and a weaker dollar. Brent crude rose by $1.07 to settle at $67.52, after slashing the year's peak at $68.40. U.S. crude boosted $1.47 to close at $60.40 a barrel, after hitting a 2015 high of $61.10.
read more... 06/05/2015
Daily: European power prices decline on higher renewable output
Brent crude rallied to a 2015 high before closing down with WTI crude on Monday after the Saudi Arabia considered halting bombing in Yemen, easing concerns about oil supply from the Middle East. A stronger U.S. dollar also weighed on commodity. Brent crude hit the year's high of $67.10 before settling down just a penny at $66.45 a barrel. Brent was thinly traded as a public holiday in Britain had limited trading volumes. WTI crude declined 22 cents to close at $58.93.
read more... 05/05/2015
Finland inks nuclear plant construction agreement with Russian company
Finnish utility Fennovoima declares it has offered a Russian company a deal for building a new nuclear plant in Finland.
read more... 05/05/2015