Latest news
Western solar panel producers observe increase in U.S. demand
Western solar panel manufacturers are observing an increase in U.S. demand after duties were hit on competitor products from Asia.
read more... 28/10/2014
Asian companies to substitute Western energy majors if they quit
Asian firms will substitute Western majors if they leave energy projects in Russia because of sanctions over Moscow's role in Ukraine, as stated by Natural Resources Minister Sergei Donskoi.
read more... 23/09/2014
Daily: European power prices fall as fears of Russia sanctions attenuate
Crude oil prices dropped on Wednesday, with Brent falling due to supplies glut in Europe and Asia, while U.S. crude followed the trend despite a larger-than-expected decline in national inventories. Brent crude tumbled $1.21 to settle at $106.51 a barrel. WTI crude fell 70 cents to close at $100.27 a barrel, after hitting a low of $99.90.
read more... 31/07/2014
Daily: European power prices increase on further sanctions concerns against Russia
Crude oil declined on Monday on signs of supplies surplus of North Sea and West African crude and as sluggish demand in Europe and Asia counterbalanced fears of intensifying tensions in Ukraine and in the Middle East. Brent crude for September delivery fell 82 cents to settle at $107.57 a barrel, after hitting a low of $107.01 earlier in the session. WTI crude futures for September delivery dropped 42 cents to settle at $101.67, rebounding from an intraday low of $100.90.
read more... 29/07/2014
Cyprus: alternative gas supply to be proposed to Europe
Cyprus might propose Europe an alternative gas supply, as stated by Cypriot President Nicos Anastasiades during a visit to Berlin on Tuesday, aiming to decrease the nation's reliance on Russian natural gas.
read more... 07/05/2014