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Energy Secretary: UK should scrap coal –fired power by 2015

Britain has to halt the remaining coal-fired power stations by 2025 and to restrict their usage by 2023, said Energy Secretary Amber Rudd.

read more... 18/11/2015

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Lithuania will re-sell LNG internationally

Lithuania's parliament on Tuesday consented amendments which will permit the Baltic state to re-sell liquefied natural gas (LNG) on the international markets, as stated by the energy ministry.

read more... 18/11/2015

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Hungary will begin constructing new nuclear blocks in 2018

Hungary intends to start building two new blocks at its Paks nuclear power plant, which provides approximately 40 percent of the country's electricity requirements, in 2018, as stated by Government Commissioner Attila Aszodi on Tuesday.

read more... 18/11/2015

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Daily: British gas prices evolve differently as strong imports offset weaker domestic production

Crude oil futures lost more than 2 percent on Tuesday, continuing their decline after a one-day pause, as U.S. stockpiles boosted for an eight consecutive week. U.S. WTI futures fell $1.07, or 2.6 percent, to settle at $40.67 a barrel. Brent crude futures eased 99 cents, or 2.2 percent, to close at $43.57 a barrel.

read more... 18/11/2015

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Turkish Stream project may be launched shortly

Russia and Turkey will conduct talks on the Turkish Stream pipeline construction in December this year, Gazprom head Alexei Miller told reporters in Antalya.

read more... 17/11/2015

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