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Russia hopes to settle on new gas route to China in September

Russia hopes to ink a deal on natural gas supplies to China from western Siberian fields, besides the previously settled supplies from an eastern route, during President Vladimir Putin's visit to China in September, Russian Energy Minister Alexander Novak declared on Tuesday.

read more... 29/07/2015

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Ukraine plans more gas imports, injections in August

Ukraine intends to raise natural gas imports from Europe in August with a view to expanding injections into storage for next winter, as stated by Energy Minister Volodymyr Demchyshyn on Monday.

read more... 28/07/2015

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France wants to extend renewable energy tax

The French government is thinking about a reform of the tax levied on electricity bills to back green energy that would see it extended to natural gas and road fuels, as stated by a source close to the matter on Sunday.

read more... 28/07/2015

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Daily: European prompt power prices diverge, with German down, French up

Crude oil futures touched four-month lows on Monday after a sharp decline in China’s stock markets which intensified worries about the economic health of the largest energy consumer in the world, while data showed a growing crude glut. Brent crude oil slipped $1.15, or 2 percent, to close at $53.47 a barrel. U.S. crude dropped 75 cents, or 1.6 percent, to settle at $47.39.

read more... 28/07/2015

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China to build two nuclear power plants in Iran

China envisages building two new nuclear power plants in Iran on the Makran coast, near the Gulf of Oman, Iran’s Atomic Energy Organization head Ali Akbar Salehi announced Wednesday.

read more... 24/07/2015

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