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Daily: European prompt electricity prices as supply increases, German demand stable

Oil prices increased on Thursday, sustained by a drawdown in U.S. crude inventories even though weak China data and worries about excess oil supply limited price gains.

read more... 21/05/2015

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Major energy companies tied to approximately a third of greenhouse gases

Thirty-two energy firms managed by Russia's Gazprom represent almost a third of all man-made greenhouse gas emissions if the burning of all the coal, oil and gas they produce is taken into consideration, according to a study on Wednesday.

read more... 21/05/2015

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Poland: PGNiG urges discount programme to preserve biggest clients

Poland's major gas distributor PGNiG anticipates more of its biggest customers to join a price discount programme instituted this month to preserve clients as the country opens up its gas market to more competition, according to the company on Wednesday.

read more... 21/05/2015

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Total, Novatek launch gas production at Siberian project

French oil leading company Total has launched gas and condensate production at its Termokarstovoye field in northern Siberia, the first of a sequence of projects with Russia's Novatek to come to completion, according to the company on Wednesday.

read more... 21/05/2015

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BP raises stake in Egypt gas field

BP has rose its share in the $12 billion West Nile Delta gas field in Egypt to more than 80 percent after purchasing a stake from DEA, the energy company possessed by Russian billionaire Mikhial Fridman.

read more... 20/05/2015

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