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Tauron CEO declared Poland needs to fuse its electricity groups

Poland has to merge some of its four largest state-run electricity firms soon to create bigger players able to compete on the European market, as stated by the CEO of the country's second major power producer Tauron on Friday.

read more... 02/11/2015

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Snam considers new investments in gas transmission, distribution and storage at 5.1 billion euros

Snam, Italian gas Pipeline Company, is envisaging new investments in transport, distribution and storage, injecting 5.1 billion euro into Italy in the 2015-2018 period, while collaborating with Fluxys to expand the value of its overseas assets.

read more... 28/10/2015

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Gazprom gas exports to Europe at the highest rate in October

The Russian energy giant Gazprom increased its gas exports to European countries by around 41% over the first 26 days of October compared with the same period last year, Alexei Miller, the head of Russia's top natural gas producer Gazprom said on Tuesday.

read more... 28/10/2015

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Gazprom choses Linde as associate for LPG exports terminal

Russian natural gas exporter Gazprom has chosen Germany's Linde as a partner to construct a liquefied petroleum gas (LPG) export terminal in the Russian Far East, as stated by a Linde representative.

read more... 26/10/2015

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Daily: European spot power prices diverge, with German up and French declining

Crude oil prices edged higher on Thursday, spurred by a hike in gasoline and technical charts calling for stronger prices slashed by concerns about high U.S. crude stockpiles. Brent crude rose by 23 cents, or 0.5 percent, to settle at $48.08 a barrel. WTI crude boosted 18 cents, or 0.4 percent, to close at $45.38.

read more... 23/10/2015

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