Turkey is preparing to slash imports of liquefied petroleum gas (LPG) from Russia by a significant 25% next year, decision triggered by cooling arising in ties between Ankara and Moscow following the downing of a Russian jet.
read more... 03/12/2015
Latvia should open its gas market to competition and comply with EU rules now the country can access alternative supplies, on account of a key pipeline modernization in neighbouring Lithuania, as stated by the European Commission to the Baltic state in a letter.
read more... 03/12/2015
French energy group Neoen launched yesterday the biggest photovoltaic power plant of Europe, having a power capacity of up to 300 MWp peak.
read more... 02/12/2015
Crude oil declined on Monday, reversing a previous hike following the release of a survey which estimated higher OPEC production in November, while a stronger dollar dragged down the demand for commodities denominated in the currency. Brent crude futures eased 25 cents, or 0.6 percent, to settle at $44.61 a barrel. WTI futures fell 6 cents to close at $41.65, down from a session high at $42.61.
read more... 01/12/2015
French utility EDF will make an investment 2 to 2.5 billion euros ($2-$2.7 bln) a year to almost double its green energy capacity by 2030, but most of that growth will be abroad, as it stated on Thursday.
read more... 27/11/2015