Latest news
Poland’s PGNIG files lawsuit against Gazprom claiming lower prices
PGNiG, Poland’s largest gas distributor has filed a lawsuit against Gazprom and Gazprom Export in the Stockholm arbitration court, claiming favourable gas terms similar to the European gas market.
read more... 15/05/2015
Total receives the go-ahead to resume shale gas operations in Denmark
French energy giant Total received the green light to continue shale gas exploration in Denmark, following a halting ordered by Danish Energy Agency (DEA).
read more... 15/05/2015
UK posts a record high in renewables investment in 2014
The British renewable industry registered a record high in new investments in 2014, attracting £10.7bn (USD 17bn/EUR 15bn) in 2014, according to an annual analysis by PwC for the Renewable Energy Association.
read more... 15/05/2015
Daily: Oil futures pull back on robust supply
Crude oil futures retired on Thursday as robust supply weighed on prices, while Brent’s front-month June contract headed to expiration. Expiring front-month Brent for June delivery declined 22 cents to settle at $66.59 a barrel. Brent crude for July delivery declined 57 cents to close at $66.70. WTI crude for June delivery dropped 62 cents to close at $59.88 on New York Mercantile Exchange (Nymex).
read more... 15/05/2015
Centrica to import more gas from Russia, Norway
Centrica, the largest supplier in the UK, has extended existent contracts with two of the world's largest producers, Russia's Gazprom and Norway's Statoil, move that will increase kingdom’s dependence on gas imports, as its production diminishes.
read more... 14/05/2015