Latest news
Russian gas transit to Europe to be jeopardized if Ukraine fails to pay
Russian gas giant Gazprom warned on Tuesday that gas transit to Europe may be at stake after Ukraine hesitated to pre-pay for its deliveries.
read more... 24/02/2015
Daily: Crude oil declines 2 percent on supply glut concerns, dollar appreciation
Crude oil futures declined more than 2 percent on Monday on investors’ concerns about supply glut and the dollar appreciation, but heating oil futures rose 5 percent amid operational issues at main U.S. refineries.
read more... 24/02/2015
Turkey to install 61 GW of renewables capacity by 2023
Turkey, assisted by the European Bank for Reconstruction and Development (EBRD), envisages the deployment of 61 GW of renewable capacity by 2023, including 20 GW of wind.
read more... 24/02/2015
Italy intends to eliminate standard power pricing from 2018
Italy plans to scrap the standard power and gas tariff regime for households and small companies from 2018 as part of efforts to liberalize the retail electricity market, as stated on Friday by the Industry Minister Federica Guidi.
read more... 23/02/2015
Daily: European spot power prices ease on supply pressure
Crude oil prices were mixed on Friday as the number of U.S. rigs drilling for oil dropped more than expected, while heating oil boosted 6 percent on a cold snap that shrunk output at three refineries. The front-month Brent rose just by penny to settle at $60.22, after plunging to a week low of $57.80 on Thursday. WTI's March futures declined 82 cents to close at $50.34 a barrel, expiring as the front-month contract.
read more... 23/02/2015