Latest news
Bulgaria launches tenders for offshore gas and oil exploration
Bulgaria, ready to diminish its almost total reliance on Russian gas, has opened two tenders for deepwater gas and oil exploration off its Black Sea coastline, as stated by the energy ministry on Monday.
read more... 21/04/2015
Costs for Germany’s nuclear exit might increase to 70 billion euros
The bill for closing Germany's nuclear power plants and constructing a secure disposal location for nuclear waste might increase to 70 billion euros, the manager of a government commission declared to daily Frankfurter Rundschau in an interview.
read more... 21/04/2015
Europe to sketch out energy crisis emergency plans
The European Union is working on contingency plans to make member states better equipped for any kind of energy supply outages, as stated by Europe's energy and climate chief on Thursday.
read more... 17/04/2015
Poland approves gas price reduction of 7.1% for PGNiG’s major clients
Poland's major gas company PGNiG declared on Thursday the country's energy market regulator URE authorized a 7.1-percent reduction in wholesale prices of natural gas vended by PGNiG.
read more... 17/04/2015
Daily: Crude oil prices rocket to 2015 high on Yemen turmoil
Crude oil prices soared to new 2015 peaks on Thursday, buoyed by news that tribal group made up of former Al Qaeda militants seized control of a major southern oil terminal in Yemen. Brent crude for June delivery boosted 66 cents to settle at $63.98 a barrel, rebounding from a $62.00 low and hitting a 2015 peak for front-month Brent of $64.95. WTI crude for May delivery climbed 32 cents to settle at $56.71, hitting a 2015 high of $57.42 after recovering from a $55.07 intraday low.
read more... 17/04/2015