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Chevron wants to stop Romania shale gas project

Chevron Corp declared it will stop shale gas exploration plans in Romania, after an evaluation demonstrated the Black Sea state does not contest constructively with other investment opportunities.

read more... 23/02/2015

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E.ON: solar operations in Italy sold to private infrastructure fund F2i SGR

E.ON has vended its Italian solar activity to the private infrastructure investment fund manager F2i SGR. F2i has a remarkable track record in the solar operations in Italy and is dedicated to the long-term future of the business.

read more... 20/02/2015

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Bulgaria and Greece decided to accelerate work on gas connection

Bulgaria and Greece have settled to take a final investment decision by the end of May to pave the route for a gas pipeline intended at diminishing Sofia's reliance on Russian gas, as stated by Bulgaria's energy minister on Thursday.

read more... 13/02/2015

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Daily: Crude oil rebounds after two days of losses on sinking U.S dollar, investments cuts

Crude oil prices jumped on Thursday after two days of losses on news of sharper industry investments cuts following a near-halving of oil prices since June and on weakening U.S. dollar. Expiring March Brent futures boosted $2.39, or 4.37 percent to close at $57.05 a barrel after a 3 percent decline on Wednesday. U.S. March crude futures increased $2.37 or 4.85 percent to settle at $51.21.

read more... 13/02/2015

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Daily: European forward power prices soar to six-week highs on higher gas, carbon prices

Crude oil prices tumbled declined for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that solid supplies will increase global stockpiles before investments cuts started to considerably sap production. Brent crude for March delivery dropped by $1.91, or 3.3 percent, to settle at $56.43 a barrel, having slipped as low as $56.11. WTI March crude futures fell $2.84, or 5.37 percent, to close at $50.02 a barrel, after declining to $49.86.

read more... 11/02/2015

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