Latest news
BP to resume North Sea gas field half-possessed by Iran
BP will resume the Rhum gas field in the UK North Sea, half-possessed by Iran's National Oil Company, four years after the field was closed because of Western sanctions, as stated by a BP spokesman on Friday.
read more... 20/10/2014
Novatek calls for more state support for LNG project since China negotiations tumble
Novatek, Russia's second major gas producer which is under U.S. sanctions, is demanding the government for 150 billion roubles ($3.67 billion) in support after fighting to obtain funds from Chinese banks, as published in the Kommersant newspaper on Friday.
read more... 17/10/2014
Daily: European coal prices dip on warm weather forecast
Crude oil prices dropped to a four-year low before recovering and world equity markets tumbled again on Thursday as investors worried about world growth and a revived European debt crisis after two years of stability. Brent crude for November delivery increased 69 cents to settle at $84.47 a barrel, after a previous decline to $82.60 a barrel, the lowest level since November 2010. U.S. crude jumped by 92 cents to close at $82.70 a barrel.
read more... 17/10/2014
EU could intercede to guarantee gas supply if Russian flows are halted
European Union authorities could intercede to avert gas shortages this winter in case the Ukraine crisis leads to disruption to flows from Russia.
read more... 17/10/2014
Spain: 2013 electricity deficit debt to be issued with no state support
Spain's government will not perform as backer for debt to be issued to cover the 2013 electricity deficit of 3.6 billion euro ($4.59 billion), in spite of requests by the most important utilities, as stated by the regulator CNMC in a report.
read more... 17/10/2014