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China to limit coal consumption by 2020

According to the energy sector's five-year plan for 2016-2020, released currently by the National Development and Reform Commission and the National Energy Administration, the stake of coal in the country's energy mix should fall below 58 percent. Last year, coal accounted for 64% of primary energy.

read more... 18/01/2017

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Gazprom: Ukraine has a gas debt of 5.3 billion USD

Russian gas conglomerate Gazprom had charged Ukrainian energy firm Naftogaz with a $5.3 billion bill for gas the country received in the period 1 to 16 June under a take-or-pay clause.

read more... 18/01/2017

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Daily (18.01.2017): Crude oil flat on weaker dollar, Saudi commitments to cut output

Crude oil prices posted minor changes on Tuesday as the U.S. dollar fell to a near six-week low and comments by Saudi Arabia stating it would join the OPEC’s commitment to slash output.

read more... 18/01/2017

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Russia: Gazprom declares exports to Germany attain record high in 2016

Russian gas producer Gazprom declared on Monday its gas exports to Germany attained a record high last year and have increased since the beginning of this year.

read more... 17/01/2017

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A new power supplier has joined the UK energy market

A new supplier has entered into UK energy market. Fischer Energy delivers electricity acquired from Danish wind giant DONG Energy. The supplier hopes to sign up 40,000 single variable tariff customers this year.

read more... 17/01/2017

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