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EIB agrees to invest about €7bn in renewables

The European Investment Bank has authorized approximately €7billion of new loans for investment in green energy, water infrastructure and other strategic infrastructure projects at a meeting in The Hague.

read more... 24/09/2015

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Ukraine anticipates gas agreement with Russia on September 25

A new gas agreement to provide Ukraine with Russian gas could be inked this Friday, as stated by Ukrainian energy minister Volodymyr Demchyshyn on Tuesday.

read more... 23/09/2015

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ENGIE to inject capital in Chinese energy market

French energy conglomerate ENGIE is envisaging investing in Chinese energy market as part of its new strategy.

read more... 23/09/2015

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Daily: Crude oil prices diverge, with Brent up and WTI down 2 %

Crude oil prices diverged on Tuesday, with Brent ending up, while WTI lost 2 % after a partial pipeline outage and bets of upbeat U.S. stockpiles data which helped oil compensate some of Tuesday’s pessimistic sentiment due to weak inventories on Wall Street. Brent's front-month contract for November delivery rose by 16 cents, or 0.3 percent, to close at $49.08 a barrel. U.S. crude's October contract declined 85 cents, or 1.8 percent, to settle at $45.83 before expiring as the front month. The November contract decreased 60 cents to touch $46.46.

read more... 23/09/2015

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Italy not considering new tax on energy sector

Italy is not thinking about reinstating a tax on the profits of energy firms, as stated by a government official on Tuesday, contradicting press reports.

read more... 23/09/2015

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