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Nabucco will make final investment decision by the end of 2011.

According to the spokesman of Nabucco, a supply contract with Azerbaijan should be finalized in 2011 as talks have intensified.

read more... 26/11/2010

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Daily Market Update, Thursday, November 04, 2010

Oil was up on Thursday for a fourth day, after the dollar dropped following a U.S. Federal Reserve decision to inject more money into U.S. economy, world's top oil consumer. At 11:20 GMT, U.S. crude for December increased at $85.66 per barrel, while ICE Brent climbed to $87.26 per barrel.

read more... 05/11/2010

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Daily Market Update, Tuesday, November 02, 2010

Oil was up on Tuesday, due to an expected decision by the Federal Reserve to pump more money into the U.S. economy. At 10:34 GMT, U.S. crude for December increased at $83.31 per barrel, adding 2% percent, comparing previous session. ICE Brent climbed 17 cents to $84.79 per barrel.

read more... 03/11/2010

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Azerbaijan delays decision for Shah Deniz II gas fields.

Nabucco, the pipeline that should ensure supply of natural gas to the EU, will be delayed as Azeri take longer than expected to make a decision in which project should extract gas from the Shah Deniz II.

read more... 11/10/2010

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Decision of Federal administrative committee concerning the electricity transport costs in Switzerland

The Federal Administrative Board annulated EIcom’s decision dated on March 6, 2009, when the electricity independent regulatory decided to reduce the taxes for power plants grid utilization by 40%.

read more... 16/07/2010

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