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Slovakia: budget raise to finish Mochovce nuclear plant approved by government

The Slovak government has consented to increase the budget by 400 million euros to 3.8 billion euros for the conclusion of two new divisions at the Mochovce nuclear power plant, according to the company which is responsible for building the plant.

read more... 10/04/2014

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Daily: WTI crude oil increases on sharp rise in gasoline demand

WTI crude oil boosted by more than $1 on Wednesday as gasoline demand rocketed in the U.S., pushed up by technical trading, while Brent crude registered a modest gain following strained relations between Russia and the West. The U.S. Energy Information Administration data, showing a sharp build in gasoline demand, drove up U.S. gasoline and crude oil prices above key technical level.

read more... 10/04/2014

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Daily: Crude oil rallied on stockpiles expectations, fresh tensions in Ukraine

Crude oil prices rallied on Tuesday, with WTI increasing ahead of weekly stockpiles reports expected to point out a decline in gasoline stocks, while Brent was spurred by new conflicts in eastern Ukraine which intensified tensions between Russia and West.

read more... 09/04/2014

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Fortum: Norwegian power distribution business likely be sold to Hafslund

Finnish utility Fortum declared on Wednesday it intends to vend its Norwegian electricity distribution business and its share in Fredrikstad Energi and Fredrikstad Energi Nett to Hafslund based in Norway.

read more... 09/04/2014

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Gazprom will honor gas agreements with Germany

Gazprom will keep contractual obligations towards Germany relative to gas supply, even though Berlin backs stricter sanctions to dissuade Moscow from more destabilization of Ukraine, according to the declaration of the Russian exporter in a newspaper.

read more... 07/04/2014

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