Latest news
Lithuania inks non-binding agreement for U.S. LNG
Lithuanian liquefied natural gas (LNG) importer Litgas has inked a non-binding deal to acquire LNG from the United States' first export terminal, as stated by the company on Saturday.
read more... 02/03/2015
Daily: European spot power prices jump on cold spell, weaker wind supply in Europe
Crude oil prices were little changed on Monday after hitting the highest level since nearly two months, as the dollar appreciation following the collapse of Greek debt negotiations helped to offset intensifying violence in Libya and worries about exports from Kurdistan. Brent futures fell 3 cents to hit $61.49 a barrel by 3 p.m. EST after touching an intra-day peak of $62.57 a barrel. U.S. March crude futures were flat at $52.78 a barrel. There was no settlement on Monday due to a U.S. public holiday, with Monday’s activity to be registered on Tuesday.
read more... 17/02/2015
France and Spain will inaugurate the longest underground high-voltage cable in the world across the Pyrenees
French and Spanish power grid operators have commissioned a long-awaited underground high-voltage cable across the Pyrenees that will enhance the supply security of both countries and will allow Spain to exports its excess of renewable electricity, easing one of the worst network bottlenecks in Europe.
read more... 16/02/2015
E.ON conclude pipe and shipping agreements to export LNG from U.S.
German utility E.ON is developing its global liquefied natural gas (LNG) business after inking tanker and pipeline agreements permitting it to export from the United States, not being discouraged by fading market conditions.
read more... 13/02/2015
OMV, Gazprom modify gas supply contract stipulations
Austrian energy conglomerate OMV and Russian natural gas exporter Gazprom have decided to modify a long-term deal for gas supplies, as stated by OMV on Wednesday, but no more details have been disclosed.
read more... 29/01/2015