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Romania adheres to CEE day-ahead electricity link up
Romania connected its day-ahead power market to those in the Czech Republic, Slovakia and Hungary on Wednesday as part of a plan to enhance supplies and make retail prices firmer, as stated by regional energy representatives.
read more... 20/11/2014
Hungary: South Stream pipeline – the single way to guarantee gas supply
Hungary plans to initiate the construction of its stretch of the South Stream gas pipeline backed by Russia next year in spite of European and U.S. resistance since it considers the project as the single way to guarantee supply, as stated by a senior government representative.
read more... 20/11/2014
Daily: European forward power prices rally at 2-month high on increasing carbon, coal prices
Crude oil dropped for a second consecutive day on Tuesday since traders looked beyond price defense attempts by Russia and Venezuela and toward Saudi Arabia and OPEC for fresh leads on whether the group might cut production at its meeting on November 27. Benchmark Brent crude slipped 84 cents to close at $78.47 a barrel, while front-month U.S. crude close down $1.03 at $74.61.
read more... 19/11/2014
EDF: French nuclear reactor postponed to 2017
French utility EDF declared that its Areva-designed EPR nuclear reactor in Flamanville, France, will be delayed one more year, anticipating it would be linked to the grid in 2017, a decade after the start of the construction.
read more... 19/11/2014
Italian energy company Eni develops its operations in gas-rich Turkmenistan
Italian oil and gas most important company Eni has accepted a succession of agreements with Turkmenistan to develop its activities in the gas-rich nation since it turns raising attention eastwards to spur expansion.
read more... 19/11/2014