Ukraine it is ready to make an advance prepayment by December 7 for 1 billion cubic metric of Russian gas, said Ukrainian Energy Minister Yury Prodan.
read more... 04/12/2014
Ukraine received a 150 million euro ($187 million) loan to modernize its section of the natural gas pipeline used to deliver gas from Russia to Europe.
read more... 03/12/2014
The European Union is eyeing construction of a regional LNG (liquefied natural gas) hub in the north of Europe to ensure its energy security.
read more... 03/12/2014
Italy has closed a final agreement to vend minority stakes in power grid company Terna and gas network operator Snam to a Chinese state-owned electricity group and Italian investors for 2.4 billion euros ($3 billion).
read more... 28/11/2014
Brent crude dropped to a four-year low under $76.30 a barrel on Thursday as it became more and more improbably that OPEC would curb oil production to increase prices during a meeting in Austria. Benchmark Brent futures declined by more than $1 to settle at $76.28 a barrel, the weakest level since September 2010. U.S. crude tumbled more than $1 to hit a session low of $72.61.
read more... 28/11/2014