Latest news

Ukraine to boost gas imports from Slovakia

Ukraine has decided to increase natural gas import capacity from Slovakia after the country halted imports from Russia over a price row, declared transport monopoly Ukrtransgaz.

read more... 13/07/2015

news

IEA: Crude oil prices set to continue the slowdown trend

Crude oil prices will continue to decline due to a massive supply glut, according to the International Energy Agency (IEA).

read more... 13/07/2015

news

Verbund increases 2015 profit estimation, close to grid settlement

Austrian hydropower supplier Verbund increased its 2015 earnings forecast on Thursday, declaring it was close to an accord over sharing power grid costs with other Austrian utilities.

read more... 13/07/2015

news

Czech and Slovak gas pipeline operators will offer capacity

The Czech and Slovak gas pipeline operators intend to sell 10 percent of available transmission capacity between the two countries in monthly auctions, as they stated on Thursday.

read more... 10/07/2015

news

Daily: Crude oil rebounds by about 3% on China stocks pick up, Iran nuclear uncertainty

Crude oil recovered sharply on Thursday from three-month lows reached previously in the week, with prices increasing about 3% as Chinese collapsing stock market picked up and oil traders remained uncertain about talks for a nuclear deal that will permit Iran to export more crude. Brent crude rose by $1.56, or 2.7 percent, to settle at $58.61 a barrel. On Monday, Brent hit a three-month low of $55.10. WTI crude settled boosted $1.13, or 2.2 percent to close at $52.78. This week's low of $50.58 was the lowest since April.

read more... 10/07/2015

news