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Romania: Nuclearelectrica will shut unit 2 for repairs

Romania's Nuclearelectrica declared it will stop on December 23 its nuclear reactor number two at its Cernavoda nuclear power plant and detach it from the national electricity grid on Tuesday to solve a problem, which did not affected plant’s safety.

read more... 24/12/2014

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Ukraine: Naftogaz has paid $1.65 billion tranche to Gazprom

Ukrainian state energy company Naftogaz declared on Tuesday it had paid $1.65 billion to Russia's Gazprom - the second tranche of a debt reimbursement settled under an agreement that saw Moscow restart gas supplies to Ukraine at the beginning of this month.

read more... 24/12/2014

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Russia expects Ukraine power supply agreement by end-2014

Russian Energy Minister Alexander Novak declared on Tuesday he expected to settle an agreement on electricity supply from Russia to Ukraine by the end of 2014.

read more... 24/12/2014

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Serbia: the start of Balkan power exchange postponed again

Serbian postponements in ratifying a new energy law have deferred the launch of a regional spot power exchange based in Belgrade to at least the third quarter of 2015, as stated by a representative of Serbia's grid operator on Monday.

read more... 23/12/2014

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Daily: Crude oil prices decline as OPEC leader vows not to curb oil production

Crude oil prices resumed their downward trend on Monday on Saudi Arabia’s minister declarations that OPEC would not curb production at any price. Brent crude decreased by $1.27, or 2 percent, to settle at $60.11 a barrel after a session low of $59.84. U.S. crude's front-month contract declined $1.87, or 3.3 percent, to close at $55.26 a barrel.

read more... 23/12/2014

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