Latest news
Russia: 80% increase in gas prices for Ukraine
The gas price imposed by Russia for Ukraine has almost double in three days, putting pressure on its neighbor on the point of economic failure in the crisis over Crimea.
read more... 04/04/2014
Daily: German power contract continues its downward trend
Brent crude increased by $1 on Thursday, rebounding from a five month low on hopes that eight-month deadlock that depleted oil exports and revenue in Libya would come to the end.
read more... 04/04/2014
CRE suggests GDF Suez to build offshore wind parks
CRE, the energy regulator in France, has advised a group managed by GDF Suez to construct and control two offshore wind parks, as stated on the website on the French newspapers Le Figaro and Les Echos.
read more... 03/04/2014
UK might produce shale gas within 4 years in urgent situation
The production of shale gas in UK might start in four years if the existing crisis in Ukraine expands so much that a state on national emergency is pronounced, as stated by the chief executive of Cuadrilla Resources.
read more... 03/04/2014
Daily: Brent crude oil drops by about $1 on Libyan ports reopening
Brent crude oil dropped by about $1 to its weakest level in almost five months on Wednesday, dragging down U.S. crude with it, as Libyan government declared that they could reach to a deal with rebels to reopen the ports after months of closures. Brent crude oil closed 83 cents lower at $104.79 a barrel after declining to $103.95, its lowest point since November 8.
read more... 03/04/2014