Crude oil prices declined about 1 percent on Friday as investors took some profits after a good week in a context of persistent questions about the attitude of OPEC and Russia. Brent crude lost 58 cents, or 1.1 percent, to settle at $51.93 a barrel. U.S. West Texas Intermediate (WTI) crude declined 63 cents, or 1.3 percent, to close at $49.81.
read more... 10/10/2016
The Turkish government has more than quadrupled a tax to $70 a tonne on thermal coal imports employed in electricity generation from Colombia, Russia, South Africa and other significant coal producers, in a bid to back domestic coal production.
read more... 05/10/2016
Bulgaria wants to attract natural gas deliveries from Cyprus through scheduled gas hub at the Black Sea to carry gas from Russia and the Caspian Sea to southern and central Europe and further.
read more... 27/09/2016
Lithuania initiated a fresh try on Thursday to obtain 1.4 billion euros ($1.57 billion) in damages from Russia's Gazprom in a gas pricing row, requesting a court based in Sweden to upturn an earlier regulation that went against it.
read more... 26/09/2016
Gazprom declared on Thursday it had found a new gas deposit during exploration at the Kirinskoye field in the Sea of Okhotsk close to Russia's Sakhalin island.
read more... 23/09/2016