Brent futures slightly increased on Thursday, holding near $110 a barrel amid expectations of higher demand from top oil consumer the United States since a sharp decline in the country's gasoline stocks added to latest data leading to a stronger economy.
read more... 29/05/2014
French nuclear reactor builder Areva, controlled by state, is dealing with a weak global nuclear market and lack of investment possibilities, as stated by the chairman of its supervisory board in the daily Les Echos on Wednesday.
read more... 29/05/2014
Britain might obtain more liquefied natural gas (LNG) from the world's major producer Qatar under an agreement inked by utility E.ON on Wednesday, highlighting increasing reliance on the Gulf State since native North Sea reserves disappear.
read more... 29/05/2014
The European Union has to cut the list of heavy industries receiving free carbon permits after 2020 to aid the remaining firms to compete in global markets, as stated on Wednesday by Jos Delbeke, the bloc’s top climate representative.
read more... 29/05/2014
Russian natural gas exporter Gazprom stated on Tuesday it had chosen a conglomerate run by Russia's Stroitransgaz to extend the South Stream pipeline across Bulgaria at an estimated cost of over 3 billion euros ($4.10 billion).
read more... 28/05/2014