Oil remains below 113 dollars per barrel on Tuesday on worries of the tropical storm Issac which obliged companies to stop U.S. oil production. Brent oil increased to 112.59 dollars per barrel, at 08:57 GMT meanwhile U.S. crude oil rose 57 cents to 96.04 dollars per barrel.
read more... 28/08/2012
According to Vattenfall Europe chief, Tuomo Hatakka, German energy bills will increase up to 30% to 2020 as they must, ultimately, pay rising subsidies for renewables which are paid above market rates under the law while new transmission grids carrying the power from remote places to consumption centres will also need to be financed.
read more... 28/08/2012
European liquefied natural gas (LNG) supplies will likely decrease by roughly 70% by 2015 as the Asian market absorbs more cargo demand. In the first six months of 2012, the European imports of liquefied natural gas supplies have decreased by 33%, while Asian imports registered a 16% rise.
read more... 14/08/2012
Private Turkish companies are manifesting interest in supplying natural gas to Bulgaria, according to Energy and Economy Minister Delyan Dobrev.
read more... 08/08/2012
The European Commission on 25 July revealed a twin-track approach to bolster the carbon Emissions Trading Scheme (ETS).
read more... 27/07/2012