Latest news
Gazprom requires 7 billion dollars for imports of gas to Ukraine
National Naftogaz of Ukraine received from Gazprom a 7 billion dollars bill. In January 2009, the two companies have signed an agreement according to which Ukraine had to buy from Moscow at least 41 billion cubic meter of gas a year, and if consumes less, it is obliged to pay a penalty. In fact the country imported last year less gas than stipulated in the contract, about 33 billion cubic meters.
read more... 28/01/2013
Daily: European power prices decrease on warmer weather in France, Germany
Brent crude futures ended flat on Friday, while recording a 1.2 percent weekly gain after a choppy trading, as profit-taking shrank prices from session highs. Meanwhile, Brent crude settled unchanged at $113.28 a barrel, having traded from $112.83 to $113.84.
read more... 28/01/2013
Bulgaria nuclear referendum failed on low voter turnout
The controversial referendum, which took place on Sunday in Bulgaria, on whether to build the nation’s second nuclear power plant, has been declared invalid because to a low voter turnout.
read more... 28/01/2013
Daily: Brent and U.S. crude rose on optimistic U.S., Chinese economic data
Front-month Brent crude oil futures settled higher on Thursday at $113.28 a barrel, up 48 cents, backed by optimistic economic data from the United States, China and euro zone.
read more... 25/01/2013
Italy could face an additional cost of about €1 bn for energy
After the last week conflict in Algeria, when Islamic militants attacked a complex controlled by BP PLC, Norway's Statoil ASA and Algeria's state energy company Sonatrach, Italy could face an additional cost of almost 1 billion euro (£839m) per year for energy, because of the interruption of Algerian gas supplies.
read more... 25/01/2013