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Romanian household gas prices will increase by 5-8% from July
Romanian gas prices will increase by 5-8 percent on average starting from July, as a result of the continuing market deregulation agreed under an IMF-led aid agreement, as declared by the head of the country's energy regulator ANRE.
read more... 24/04/2015
E.ON Global Commodities to buy LNG from Meridian
E.ON Global Commodities (EGC), the trading arm of E.ON, and Meridian LNG Holdings Corp has inked a 20-year gas sales deal.
read more... 24/04/2015
Daily: Crude oil prices hit the highest settlement in 2015 on Yemen concerns
Crude oil prices rallied by 3 percent on Thursday, touching 2015 highs, buoyed by continued tensions in the Middle East as well as by hopes for stimulus measures in China. The depreciation of dollar also supported oil prices. Brent crude hit its highest settlement of this year, climbing above $64 a barrel. U.K. North Sea Brent, a global benchmark for oil rose by $2.12, or 3.3 percent, to close at $64.85 a barrel. U.S. crude boosted $1.58, or 2.8 percent, to settle at $58.02 a barrel. Its session peak of $58.41 was a 2015 high.
read more... 24/04/2015
Czech CEZ to add 1.4 GW of new generation by end of 2015
Czech utility CEZ intends to add 1.4 gigawatts in new coal-fired units to the grid in 2015, counting a postponed plant at Ledvice now anticipated coming on line in the autumn, as stated by Chief Strategy Officer Pavel Cyrani.
read more... 23/04/2015
Conglomerate including EDF and fund PGGM purchase Spanish gas distributor
A conglomerate run by PGGM, the Dutch pension fund manager, declared on Wednesday it will buy Spanish gas distributor Madrilena Red de Gas (MRG) for an unrevealed sum.
read more... 23/04/2015