Latest news
E.ON to divest its Italian coal and gas generation assets in the Czech Republic
German-based power utility E.ON is planning to divest its Italian coal and gas generation assets to Czech energy company Energeticky a Prumyslovy Holding (EPH).
read more... 15/01/2015
Daily: UK natural gas prices remain flat as outages end
Crude oil decreased 5 percent to near six-year lows before rebounding on Tuesday as some traders moved to take benefits of large storage space in the United States. Brent dropped by 84 cents to settle at $46.59 a barrel, after slipping to $45.19, its weakest level since March 2009. U.S. crude declined by 18 cents at $45.89, after striking an April 2009 low of $44.20.
read more... 14/01/2015
Poland ramps up its gas import capacities through a reverse flow connection with Germany
Poland has more than doubled its gas capacity through a reverse flow link with Germany as the country aims to diversify supplies and cut reliance on Russia, declared Polish gas operator Gaz-System.
read more... 13/01/2015
E.ON to slash by 3.5% household gas prices in UK
German utility E.ON unveiled is cutting British household standard gas prices by 3.5 percent, being the first from the British “Big Six” to pass on consumers savings as wholesales prices are tumbling.
read more... 13/01/2015
Egypt: Eni signs deal for new exploration block
Italian oil and gas conglomerate Eni declared on Friday it had inked a deal to operate a new exploration block in the western desert of Egypt, reinforcing its position in the country.
read more... 12/01/2015