Latest news
Germany files complaint against EU over energy subsidy survey
The European Court of Justice received from Germany a complaint against the decision of the European Commission to study exemption to green energy charges that the country offers to approximately 2000 industrial energy consumers, as stated by the Economy Ministry on Friday.
read more... 03/03/2014
LNG deal between Estonia and Finland
A transaction between Estonia and Finland has been signed on Friday aiming the construction of two liquefied natural gas (LNG) terminals on each side of the Gulf of Finland and a pipeline linking the two countries, as stated by Juhan Parts, the Estonian Economy Minister.
read more... 03/03/2014
Germany’s Siemens wins a significant power contract in Qatar
Siemens won a contract estimated at $253 million from Qatar General Electricity and Water Corporation (KAHRAMAA), aiming to construct nine substations, according to the declaration made on Sunday by German corporation.
read more... 03/03/2014
Daily: European carbon prices up 10 % on the week after backloading plan disclosure
U.S. crude oil hit its eight consecutive week of gains on Friday on weaker oil rail shipments from the growing Bakken shale basin in North Dakota. Brent oil posted moderate gains but settled the week lower, dragged down by an outlook for dipping demand in China and another for slow European growth due to escalating unrests in Ukraine.
read more... 03/03/2014
ENI obtains refund from Statoil on revised gas agreement
ENI, a major integrated energy company based in Italy and one of Europe’s leading gas wholesalers, inked an agreement on Thursday to review its long-term gas supply contract with Norway's Statoil that is supposed to increase its operating profit by approximately 1 billion euros ($1.4 billion) in 2014.
read more... 28/02/2014