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Germany economy ministry declares coal levy still on the table

Germany's government is still evaluating all suggestions on how to reduce CO2 emissions from coal-fired power plants, as declared by an economy ministry spokesman on Wednesday, discharging a report that a debated coal levy had been put on ice.

read more... 11/06/2015

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Italy’s Snam intends to release France-Spain gas bottleneck

Italian gas transport company Snam intends to more than double gas pipeline capacity between Spain and France to diminish Europe's reliance on Russian gas, as stated by Snam's chief executive.

read more... 11/06/2015

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Daily: Crude oil rallies for a second consecutive day on U.S. inventory draw; gasoline at 7-month high

Oil hiked for a second straight day on Wednesday, with U.S. crude approaching to a one-month high and gasoline reaching its highest price since November, as a considerable U.S. stocks drawdown increased the outlook for summer fuel demand. U.S. crude inched up $1.29, or 2.1 percent, to close at $61.43 barrel, after touching a May 13 high of $61.82. Brent crude settled at $65.70, up 82 cents, or 1.3 percent. Its session peak was $66.36.

read more... 11/06/2015

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China to remain the world’s largest market for annual solar installations in 2015

China will keep its leadership position in terms on annual solar installations, adding more than 17.6 GW of photovoltaic (PV) capacity by the end of 2015.

read more... 11/06/2015

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E.ON Russia will discuss new agreement on gas acquirements from Rosneft

E.ON Russia intends to discuss inking a new gas-purchase contract with Russian state oil firm Rosneft, E.ON's Russian division declared on Tuesday.

read more... 10/06/2015

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