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Bulgaria and Greece decided to accelerate work on gas connection

Bulgaria and Greece have settled to take a final investment decision by the end of May to pave the route for a gas pipeline intended at diminishing Sofia's reliance on Russian gas, as stated by Bulgaria's energy minister on Thursday.

read more... 13/02/2015

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EEX expects growth in Italian gas and electricity trading

The European Energy Exchange (EEX) anticipates Italy's energy trading market to develop and intends to launch gas contracts there since more firms transfer from bi-lateral supply agreements to market alternatives, as stated by its chief executive on Wednesday.

read more... 12/02/2015

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Supply squeeze to increase European gas price variability

Europe deals with higher instability in natural gas prices since delayed Russian gas acquirements bounce stored reserves and curbs on Dutch output tighten supply.

read more... 11/02/2015

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Daily: European forward power prices soar to six-week highs on higher gas, carbon prices

Crude oil prices tumbled declined for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that solid supplies will increase global stockpiles before investments cuts started to considerably sap production. Brent crude for March delivery dropped by $1.91, or 3.3 percent, to settle at $56.43 a barrel, having slipped as low as $56.11. WTI March crude futures fell $2.84, or 5.37 percent, to close at $50.02 a barrel, after declining to $49.86.

read more... 11/02/2015

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Italy’s Edison suspends negotiations to acquire two Israeli gas fields

Italy's Edison is reexamining the purchase two Israeli gas fields because of increasing regulatory insecurity and talks have already been suspended, as stated by a source at the company.

read more... 10/02/2015

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