Latest news
Russia: Novatek registers a decline of its Q3 net income on weaker rouble
Russia's major non-state gas producer, Novatek, declared on Wednesday its third-quarter net profit declined by 67.5 percent due to a weaker rouble, insignificantly missing predictions.
read more... 30/10/2014
Lithuania: free 2013 EU emissions allowances to be offered to utilities
Lithuania has been offered the permission to give utilities free carbon allowances for their 2013 emissions, making it the final nation to obtain European Commission authorization under a programme to aid Eastern Europe clean up its electricity sector.
read more... 30/10/2014
Germany: coal-fired energy to be reduced in order to protect climate
Germany envisages to get rid of some of its coal plant capacity as part of a set of new policies to aid Europe's largest economy attain its greenhouse gas emissions targets, as stated by a state secretary at the economy ministry on Wednesday.
read more... 30/10/2014
Lithuania sets up LNG terminal to stop reliance on Russian gas
Lithuania on Monday greeted the launching of the Independence, a floating liquefied natural gas import (LNG) terminal, illustrating the end of the Baltic state's dependence on gas supplies from Russia.
read more... 29/10/2014
Egypt production decline and reduced oil price affect BG profits
BG Group registered a worse-than-anticipated 26 percent decrease in third-quarter operating profit since its production in Egypt halved and a sudden reduction in oil prices took its toll on Britain's third-largest energy firm.
read more... 29/10/2014