Latest news

Daily: British prompt natural gas prices boost on undersupplied system

Crude oil prices dropped on Thursday, dragged down by plentiful supply, worries about demand growth and a stronger U.S. dollar. Brent eased $1.27 to settle at $97.70 a barrel, with prices falling around 15 percent from a nine-month peak of $115.71 reached in June. U.S. crude slipped $1.35 to close at $93.07 a barrel a day following a decline due to government data that showed U.S. crude inventories increased 3.7 million barrels last week.

read more... 19/09/2014

news

Gazprom declares to be unable to satisfy increasing gas demand from Europe for the moment

Russia's Gazprom declared on Wednesday it is unable to satisfy increasing gas demand from Europe while it creates stockpiles prior to winter, weakening the ability of Europe to supply Ukraine with gas. Slovakia, Poland, Romania and Austria have all registered insignificant declines in shipments recently from Russia, which is involved in a dispute with the European Union over the crisis in Ukraine.

read more... 18/09/2014

news

Romania: gas price deregulation delayed to 2021

The lower house of the Romanian parliament deferred on Wednesday intended deregulation of household gas prices by two and a half years to July 2021 seeking to support customers in the second poorest state of the European Union.

read more... 18/09/2014

news

EU requires more time for Opal gas pipeline decision, specifying Ukraine tension

EU authorities, mentioning tension in Ukraine, have solicited a delay until at least the end of October on whether to authorize Russia bigger access to the Opal natural gas pipeline in northeastern Germany, as stated in a letter seen by Reuters.

read more... 17/09/2014

news

Serbia monitors coal imports, surplus of gas storage space

Serbia aims to announce an international tender to import about 2-3 million tonnes of coal to refill its sources of electricity generation since winter is close, as stated by the energy minister on Tuesday.

read more... 17/09/2014

news