Latest news
Daily – U.S. and Brent prices down on euro zone worries
U.S. and Brent crude oil futures decreased on Friday as investors awaited a potential debt restructuring deal seen sparing Greece from a messy debt default and as signs of low factory activity in China stirred up demand worries.
read more... 23/01/2012
SPI Solar to build a 2 MW solar energy facility in Greece
SPI has recently announced that it has completed all the necessary permits and agreements in order to start the construction of a 2 MW solar energy facility (SEF) to be located in Evros, a North Eastern region in Greece. This is the second company’s project already developed in Greece.
read more... 18/01/2012
Greece raised by 9.2 % power prices
Greece, the debt-land country, augmented its power prices in average by 9.2 percent in order to reflect the real cost of energy generation under the terms of an EU/IMF bailout. The changes came into force as from January 1, 2012.
read more... 03/01/2012
Bulgaria to withdraw from Russian, Greek oil pipeline deal
Bulgaria's Energy and Economy Minister Traicho Traikov said on Wednesday his country decided to withdraw from a pipeline deal to carry Russian oil through his country to Greece, bypassing Turkey's Bosporus Straits, because it cannot be achieved under the financial conditions agreed on in 2007.
read more... 08/12/2011
Daily – NYMEX at 15 weeks high level
NYMEX crude oil futures increased at their utmost levels in 15 weeks on Friday as Italy and Greece were attempting to find the solution for their political and debt problems and on positive U.S. consumer sentiment. U.S. crude oil for December delivery valued 98.99 dollars a barrel, gaining 1.21 dollars, having set the maximum value for a front-month contract since July 26.
read more... 14/11/2011