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Daily: Brent crude posts the biggest gain since June on Saudi Arabia production cut
Brent crude oil increased by about 3 percent on Thursday, posting the largest percentage gain in a day since June 12, after an industry source said Saudi Arabia curbed production in September following the summer's decline in prices. Brent crude for December delivery boosted $2.12, or 2.5 percent, at $86.83 barrel, while U.S. crude's front-month rose by $1.57, or 2 percent, to close at $81.86, after an intraday peak at $82.37. That was the biggest percentage increase since September 16.
read more... 24/10/2014
Bosnia: drop of Russian gas flows by a third since Wednesday
Bosnia's gas flows from Russia dropped by a third from requested volumes since Wednesday, as stated by distributor BH Gas on Thursday, since the country deals with increasing demand due to declining temperatures and an overnight snow storm that cut power to approximately 5,000 households in the northwest.
read more... 24/10/2014
National Grid employs ex-GE director to run U.S. business
Britain's network operator National Grid Plc has employed ex-General Electric Co executive Dean Seavers to substitute the director of its U.S. business, as stated by the company on Thursday.
read more... 24/10/2014
BREAKING NEWS: **** NEW POWER REGULATED TARIFFS and GRID COSTS FOR HUNGARY ****
Changes in electricity regulated all in tariffs and grid costs for liberalized end-users starting from September 1st, 2014
read more... 24/10/2014
BG in negotiations to bring in gas to Egypt from Cyprus
BG Egypt, a division of global energy firm BG held negotiations on Tuesday to import natural gas from Cyprus, as stated by the company on Wednesday.
read more... 23/10/2014