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Italy: GME energy bourse to close carbon trading platform after 3-year suspension
On March 22, Italian bourse Gestore Mercati Energetici (GME) will close its carbon emissions market, after more than three years of trade suspension as a result of a supposed illicit activity.
read more... 13/03/2014
Czech PM desires more EU funding for energy security
The Czech Prime Minister, Bohuslav Sobotka, declared on Tuesday that more funding is needed from the European Union to projects increasing energy security of its member states by linking their energy networks in order to strengthen diversification of resources.
read more... 12/03/2014
Daily: U.S. crude oil prices slump on China corporate default concerns
WTI crude oil prices dropped more than $1, pressured by copper prices which hit four-year lows on fears that other companies may follow Shanghai Chaori Solar Energy Science and Technology Co Ltd, which faced corporate default last week.
read more... 12/03/2014
Rosneft defies Gazprom monopoly to get right to export Russian gas via pipeline
The major oil producer in Russia, Rosneft, plans to break domination of another energy important company, Gazprom, to export gas through pipelines, leading to an explosion between the major clans, according to some sources on Friday.
read more... 10/03/2014
Greece suggests new law to reduce solar power deficit
Greece revealed on Friday a draft law to reduce solar power prices by almost 30% aiming to cover a financial gap of approximately 1 million euro in the energy sector’s funds. Meanwhile, a price slash of about 5% is estimated for wind energy producers.
read more... 10/03/2014