Latest news
Russia: Yamal LNG will obtain state support of 150 billion roubles in first quarter
A project to produce liquefied natural gas, Yamal LNG, may obtain state support of 150 billion roubles ($2.5 billion) from Russia's National Wealth Fund in the first quarter, as stated by Interfax news agency citing an economy ministry representative on Thursday.
read more... 19/12/2014
Daily: Crude oil prices post a new decrease after a brief recovery
Global crude oil prices posted a fresh decrease on Thursday, a day after a short-covering gain, as traders bet again that the market would resume a six-month rout on concerns about a supply glut. Brent and U.S. crude slumped 2$ a barrel each in late trading after initially extending Wednesday's short-covering. Brent's front-month contract eased $1.91 to settle at $59.27 a barrel, after reaching a session low at $59.17. U.S. crude's front-month contract slipped $2.36 to close at $54.11, having fallen to $54.05 earlier.
read more... 19/12/2014
Sweden: waste tax for nuclear power plant operators to be doubled
Sweden's government has agreed to almost double a tax nuclear power plant operators pay to the nuclear waste fund, so as to aid it cover the increasing costs of dismantling, as stated by the environment ministry on Thursday.
read more... 19/12/2014
U.S. hits China with higher solar PV anti-dumping tariffs
U.S. will impose even higher tariffs on imported solar panels from China, as unveiled yesterday by the U.S. Department of Commerce. The US decision follows the requests of the US solar industry and will provide effective restraints against Chinese illegal dumping and export subsidies.
read more... 18/12/2014
German TSOs to develop Ultranet power line
Western and southern German TSOs Amprion and TransnetBW on Wednesday submitted a bid to develop a north-south power transmission line that is a key part of the country's effort to shift from nuclear and thermal energy.
read more... 18/12/2014