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Daily: Brent crude at 17 month low on euro zone worries
Brent crude dipped to a near 17 month low below $95 a barrel on Tuesday as the pro-bailout bloc win in Greek polls failed to ease woes about the European Union's future and driven down by persistent worries about Spain's debt.
read more... 19/06/2012
Eni to develop shale gas in Ukraine
Italian energy major Eni has signed a deal with Ukraine’s state owned Nadra Ukrayny and UK Cadogan Petroleum to purchase a 50.1% stake in WestGasInvest, the holder of nine shale gas license areas in Lviv Basin, covering about 3800 square kilometres.
read more... 19/06/2012
German energy retail trend
Germany's retail electricity prices continue to rise, according to latest data from major south-western utility EnBW.
read more... 19/06/2012
Daily: UK gas traded higher on Norway imports decline
Brent crude oil prices touched a one-week high above $99 a barrel on Monday after Greek pro-bailout political parties won enough seats to form a joint government, but prices have rapidly came off peaks installed as focus returned to other European countries hit by the debt crisis, as Spain and Italy.
read more... 18/06/2012
German lawmakers fail to come to a compromise on solar FiT cuts
Germany’s federal government and its 16 states failed to come to a compromise on the proposed cuts of solar PV subsidies during an official government arbitration session, which will continue later on June 27th, 2012.
read more... 18/06/2012