Australia could export coal and uranium to Ukraine aiming to reduce Kiev's over dependence on Russian energy exports, as stated by Australian Prime Minister Tony Abbott and Ukrainian President Petro Poroshenko on Thursday.
read more... 11/12/2014
Poland's liquefied natural gas (LNG) terminal at the Baltic port of Swinoujscie will launch commercial operation in 2015, as stated by Polish Treasury Minister Wlodzimierz Karpinski on Wednesday.
read more... 11/12/2014
Brent crude oil fell below $66 a barrel on Wednesday, declining just above a five-year low, on signs of supply glut and flat demand as global economic growth is stagnating. Brent contract reached $65.29 on Tuesday, its lowest level since September 2009. U.S. crude futures dropped $1 to settle at $62.82 a barrel, dragged down by an increase in inventories in the U.S.
read more... 11/12/2014
Danish wind turbine maker Vestas Wind Systems declared on Wednesday it had inked a deal with Vietnamese company Phu Cuong Group to expand a wind power project but debated the value of $2 billion published by the Vietnam Economic Times.
read more... 11/12/2014
Hungary and Russia will begin working next year on developing the central European country's single nuclear power plant with two 1,200 megawatt blocks, which are likely to start operating in 2025 and 2026, as stated by a Hungarian government representative on Tuesday.
read more... 10/12/2014