German utility E.ON is developing its global liquefied natural gas (LNG) business after inking tanker and pipeline agreements permitting it to export from the United States, not being discouraged by fading market conditions.
read more... 13/02/2015
Bulgaria and Greece have settled to take a final investment decision by the end of May to pave the route for a gas pipeline intended at diminishing Sofia's reliance on Russian gas, as stated by Bulgaria's energy minister on Thursday.
read more... 13/02/2015
Crude oil prices jumped on Thursday after two days of losses on news of sharper industry investments cuts following a near-halving of oil prices since June and on weakening U.S. dollar. Expiring March Brent futures boosted $2.39, or 4.37 percent to close at $57.05 a barrel after a 3 percent decline on Wednesday. U.S. March crude futures increased $2.37 or 4.85 percent to settle at $51.21.
read more... 13/02/2015
The European Energy Exchange (EEX) anticipates Italy's energy trading market to develop and intends to launch gas contracts there since more firms transfer from bi-lateral supply agreements to market alternatives, as stated by its chief executive on Wednesday.
read more... 12/02/2015
French power utility EDF declared on Thursday net income increased by 5.2 percent to 3.70 billion euros since production at its nuclear plants surpassed projections and despite a drop in electricity consumption because of mild weather.
read more... 12/02/2015