Latest news
Italy mulls power bill reductions to aid companies
The Italian government thinks about measures to reduce energy bills in a move intended to make more competitive the nation's small- and medium-sized businesses and to support jobs, as described in slides viewed by Reuters.
read more... 16/07/2014
Gazprom and Iran to set a joint committee in gas sector
Iran and Russia, two of the world’s largest holders of natural gas, have decided to boost cooperation in the sector.
read more... 16/07/2014
Daily: Crude oil prices slump as Libya pessimistic economic data feed supply glut worries
Crude oil prices slumped by as much as $2 on Tuesday, posting their sharpest plunge this year as increasing Libyan supplies and pessimistic economic data intensified worries that the global market was leading to a near-term oversupply. Brent futures dropped 96 cents to close at $106.02 a barrel, rebounding from a low of $104.39 a barrel earlier in the session, the lowest level since April 2. U.S. crude futures dipped 95 cents to close at $99.96 a barrel.
read more... 16/07/2014
EWEA: European offshore wind power capacity drops in the first half of 2014
Europe has currently 16 offshore wind farms under construction with a combined energy capacity of 4.9GW due to be achieved by 2016.
read more... 16/07/2014
Gazprom gas prices for Europe could be reduced by 17% by 2017
Gazprom’s natural gas prices under long-term contracts with European countries are expected to be curbed by 17% to $320 per 1,000 cubic meters by 2017 thanks to gas supply diversification, including shale gas production, according to the declarations made by a representative of Russia’s Economic Development Ministry.
read more... 15/07/2014