Latest news
Nord Stream 2 compromise probable if transit through Ukraine maintained
The intended Nord Stream 2 pipeline which would double Russia's gas export capacity to Germany might continue as long as Russia does not stop gas flowing through Ukraine, as stated by Czech Industry Minister Jan Mladek on Tuesday.
read more... 07/01/2016
China not to approve new coal mines until at least 2019
China, world’s largest coal consumer, has taken a tough decision to block any new proposed coal mines at least until 2019.
read more... 06/01/2016
EDF might sell more than 6 billion euros of assets
French utility EDF is thinking about selling assets estimated at more than 6 billion euros ($6.45 billion) this year, French daily Les Echos reports.
read more... 06/01/2016
EFT begins testing first 300 MW power plant in Bosnia
UK-based trading and investment conglomerate Energy Financing Team (EFT) declared on Tuesday it had begun testing its first electricity generation facility, the 300-megawatt (MW) Stanari coal-fired power plant in northern Bosnia.
read more... 06/01/2016
Daily: Crude oil ends at 2-week low under $36 a barrel on fresh supply glut
Crude oil prices ended under $36 a barrel on Tuesday, posting their weakest settlement in about two weeks, dragged down by worries about expanding global oversupply and downbeat economic data from China. Brent crude for February delivery on London’s ICE Futures exchange eased 80 cents, or 2.2%, to settle at $36.42 a barrel. West Texas Intermediate crude for February delivery declined by 79 cents, or 2.2%, to close at $35.97 a barrel on the New York Mercantile Exchange.
read more... 06/01/2016