Latest news
French top court will decide on EDF electricity tariff limit next week
A top French court will determine next week whether to overturn a government ceiling on EDF's regulated power prices, which could affect the utility's income and stock price.
read more... 04/09/2014
Albania will increase power prices next year
Albania is planning to increase the price of electricity for families and businesses in accordance with a recommendation from the International Monetary Fund (IMF), but it will defend the underprivileged, as stated by the Energy Minister Damian Gjiknuri on Wednesday.
read more... 04/09/2014
Exxon and Petrom will have to invest $4-5 billion if gas discovery in the Black Sea is confirmed
Romania's major oil and gas conglomerate Petrom and U.S. top oil company ExxonMobil will have to invest $4-5 billion in the extraction of gas from a Black Sea field, in case additional data confirms their discovery, according to the statement made by President Traian Basescu on Wednesday.
read more... 04/09/2014
Daily: Brent crude dropped towards $102 a barrel due to a rise in stocks, US data
Brent crude price reduced towards $102 a barrel on Thursday, since U.S. industry data showed an increase in fuel stocks in the world's major oil consumer last week, raising new worries on the strength of demand.
read more... 04/09/2014
Daily: Thermal coal prices declined due to oversupply
Brent crude increased towards $101 a barrel on Wednesday, detaching from a 16-month low attained in the previous session, stimulated by encouraging U.S. manufacturing data.
read more... 03/09/2014