Latest news
Ukraine to receive a $300 mln loan from EBRD to secure its gas supply
The European Bank for Reconstruction and Development is considering the provision of trade finance loan of up to $300 million to Ukrainian state energy firm Naftogaz to purchase gas on the European market.
read more... 17/07/2015
Daily: European prompt power prices edge up on heatwave expectations
Crude oil declined by about 3 percent on Wednesday on forecasts that stronger exports from Iran will add to global oversupply and on increasing stockpiles at the delivery hub at Cushing, Oklahoma. Brent crude for August delivery dropped $1.46, or 2.5 percent, to close at $57.05 a barrel. The August contract expires on Thursday. WTI crude for August delivery shed $1.63, or 3 percent, to settle at $51.41.
read more... 16/07/2015
Daily: Oil prices dropped since Iran nuclear agreement seems probable
Oil prices dropped by around 3 percent on Monday since Iran and six world powers were near to settling a nuclear agreement and European leaders failed to agree a Greek bailout, taking the euro zone's debt crisis into another week.
read more... 13/07/2015
Azerbaidjan president agrees with Snam taking stake in TAP project
Azerbaijan allows Italian gas infrastructure conglomerate Snam to take a stake in the project to construct the Trans Adriatic Pipeline (TAP) that will convey gas from Azerbaijan to Europe, as stated by President Ilham Aliyev on Thursday.
read more... 10/07/2015
EU parliamentarians to prop up carbon market reform
The European Parliament on July, 8 approved a proposal to begin reform of the world's biggest carbon market in 2019, a key part of strategies to curb the EU's global-warming emissions.
read more... 09/07/2015