Azerbaijan's state energy firm SOCAR hopes to restart negotiations over purchasing a stake in Greek gas grid operator DESFA in December, as stated by SOCAR's president on Monday.
read more... 15/09/2015
Crude oil lost more than 3% on Monday, pressured by a decline in gasoline prices and fears about whether the United States will have its first interest rate increase in nearly a decade. WTI futures lost 63 cents, or 1.41 percent, to close at $44 a barrel. Front-month Brent crude futures eased $1.70, or 3.6 percent, to settle at $46.40 a barrel.
read more... 15/09/2015
Russia's top natural gas producer Gazprom said it envisages selling up to 10 percent of its gas to Europe via tenders, becoming more flexible regarding its traditional pricing mechanisms.
read more... 15/09/2015
The French government unveiled it will end export subsidies for building coal plants abroad ahead of high-profile climate change United Nations talks in December.
read more... 14/09/2015
ABB will probably decide next year what to do with its new Power Grids unit, as told by the Chief Executive Ulrich Spiesshofer to a Swiss newspaper, restating that all options were open for the business.
read more... 14/09/2015