Latest news
Italy declares state of emergency following a gas blast in Austria
After an explosion at a main gas hub near Vienna, Europe might deal with gas shortages.
read more... 13/12/2017
Daily (13.12.2017): European power prices hit contract peaks on Tuesday, after a blast at an Austrian gas hub
Oil prices declined sharply on Tuesday, as traders took profits after prices increased tto a two-year peak on an unscheduled closure of the pipeline that carries the largest North Sea crude oil grade. Brent crude settled down $1.35, or 2.1 percent, at $63.34 a barrel. U.S. crude ended at $57.14 a barrel, or 1.5 percent lower.
read more... 13/12/2017
Russian Novatek and Japanese partner companies agreed on creating LNG hub
Russian company Novatek as well as Japan firms Marubeni and Mitsui O.S.K. Lines inked a trilateral memorandum of understanding (MOU) to open a liquefied natural gas (LNG) hub situated in Russia's Kamchatka region.
read more... 29/11/2017
North Sea wind group enlarged with one more gas grid operator
Gasunie, the gas grid operator in the Netherlands, will become a part of the North Sea Wind Power Hub conglomerate.
read more... 14/09/2017
Hurricane Harvey forces 10 refineries to close
Because of the tropical storm Harvey ravaging the US’ leading energy hub, key oil refineries were forced to shut down.
read more... 28/08/2017