Latest news
Ukraine gets first Norwegian gas
Ukraine, importing gas from Europe with the aim to substitute Russian imports, has obtained its initial supplies from Norway, as stated by a source in the Ukrainian energy sector on Thursday.
read more... 03/10/2014
Daily: British natural gas prices sank on supply glut, high stockpiles
Brent crude oil prices plunged to a three-month low on Thursday to strike is lowest level since mid-2012, dragged down by intensifying concerns over weak demand, supply glut and signs that Saudi Arabia is in no rush to curb output. Brent crude for November delivery also closed well off the day's low, dropping 74 cents to settle lower at $93.42. It earlier slipped to $91.55, its lowest level since June 2012. U.S. crude for November delivery recovered 28 cents at $91.01 per barrel, after earlier tumbling to $88.18, its lowest intraday level since April 2013, on data showing a 1.7 million-barrel drop in Cushing stockpiles.
read more... 03/10/2014
Britain raises green subsidy budget to 300 million pounds
Britain has raised its budget to financially support power projects that employ renewable sources by 95 million pounds to 300 million pounds ($486 million), as stated by the Department of Energy and Climate Change (DECC) on Thursday.
read more... 03/10/2014
Finland and Estonia delay plan to build LNG plants
Projects to build a regional liquefied natural gas (LNG) import terminal in Finland will be deferred for an indefinite period, as stated by officials at the country's economy ministry on Wednesday.
read more... 02/10/2014
Romania to become gas self-sufficient by 2020
Romania will have by 2020 a gas production to cover its consumption and its smaller eastern neighbor Moldova, and the nation's gas grid operator will have to invest in its infrastructure to deal with additional resources, as stated by the energy minister on Wednesday.
read more... 02/10/2014