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Romania to become gas self-sufficient by 2020
Romania will have by 2020 a gas production to cover its consumption and its smaller eastern neighbor Moldova, and the nation's gas grid operator will have to invest in its infrastructure to deal with additional resources, as stated by the energy minister on Wednesday.
read more... 02/10/2014
Daily: European coal prices dip to near a five-year low pressured by strong dollar
Crude oil prices dropped toward $94 a barrel on Wednesday, prolonging a three-month losing stretch, dragged down by pessimistic economic figures from China and Europe and as plentiful global supply continued to weigh. Brent crude closed 51 cents lower at $94.16 a barrel, its weakest settlement since June 2012, after previously edging up at $96.23. U.S. crude, which on Tuesday posted its biggest one-day decline since November 2012, closed 43 cents higher at $90.73.
read more... 02/10/2014
Areva and EDF ink nuclear fuel supply agreement
French nuclear reactor producer Areva declared it inked an agreement to supply fuel for nuclear plants of the electricity firm EDF from 2015 to 2021.
read more... 02/10/2014
Algeria awards 4 oil, gas blocks out of 31
Algeria awarded four oil and gas field blocks of 31 on proposal to foreign conglomerates on Tuesday in its first try since an unsatisfactory 2011 bid to draw investors to facilitate compensate its idle production.
read more... 01/10/2014
CEZ considers EU authorization of UK nuclear project an example
EU regulatory consent of Britain's nuclear project estimated at 16 billion pounds with French utility EDF sets a precedent that must aid a Czech offer, the chief of power firm CEZ was cited as saying by Hospodarske Noviny on Tuesday.
read more... 01/10/2014