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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
E.ON declares it could float Turkish electricity producer Enerjisa
E.ON declared it could float Turkish electricity producer Enerjisa, of which it possesses 50 percent.
read more... 17/04/2015
Germany’s EWE purchases VNG shares from Gazprom
German utility EWE will acquire shares in eastern German gas transmission firm VNG from Russia's Gazprom to increase its stake to 74.2 percent, as it stated on Wednesday.
read more... 16/04/2015