Oil markets increased on Friday to stop a two-day decline, aided by expectations that data later in the day would demonstrate a constant drop in the U.S. oil rig count, a clear sign of the pressure the fall in crude has put on crude producers.
read more... 20/02/2015
Ukraine has unveiled a plan to borrow $1 billion to create a strategic gas reserve in order to reduce its reliance on fuel imports from Russia.
read more... 17/02/2015
Russia has agreed on a new agreement to provide coal and power to Ukraine, which is fighting with a lack of raw fuel for electricity plants because of a separatist clash in the industrial east, as stated by Russian officials on Saturday.
read more... 29/12/2014
France will stop export credits for energy projects in emergent countries which involve coal, the most polluting fossil fuel, as stated by President Francois Hollande on Thursday.
read more... 28/11/2014
Ukraine's energy minister declared on Monday coal supplies to Ukraine had been suspended by Russia, a blow to domestic energy providers who are fighting with a serious lack of raw fuel for electricity plants because of a separatist dissension in the industrial east.
read more... 25/11/2014