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Gazprom declares to be unable to satisfy increasing gas demand from Europe for the moment
Russia's Gazprom declared on Wednesday it is unable to satisfy increasing gas demand from Europe while it creates stockpiles prior to winter, weakening the ability of Europe to supply Ukraine with gas. Slovakia, Poland, Romania and Austria have all registered insignificant declines in shipments recently from Russia, which is involved in a dispute with the European Union over the crisis in Ukraine.
read more... 18/09/2014
Daily: European front-month coal prices at two-month low on concerns about global supply glut
Brent crude has steadied at $99 per barrel on Wednesday on forecasts that the OPEC may curb the 2015 production. Brent dropped 25 cents to $98.80 a barrel and US crude was down 25 cents to close at $94.63.
read more... 18/09/2014
Romania: gas price deregulation delayed to 2021
The lower house of the Romanian parliament deferred on Wednesday intended deregulation of household gas prices by two and a half years to July 2021 seeking to support customers in the second poorest state of the European Union.
read more... 18/09/2014
EU requires more time for Opal gas pipeline decision, specifying Ukraine tension
EU authorities, mentioning tension in Ukraine, have solicited a delay until at least the end of October on whether to authorize Russia bigger access to the Opal natural gas pipeline in northeastern Germany, as stated in a letter seen by Reuters.
read more... 17/09/2014
Germany uncovers Europe’s largest battery plant
Germany launched Europe's biggest commercial battery plant on Tuesday, an installation powered by 25,600 lithium-ion batteries that will aid alleviate the increasing supply of renewable energy in the region.
read more... 17/09/2014