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Ukraine prepared for temporary compromise price for Russian gas
Ukraine is ready to pay a short-term compromise price for Russian gas, criticizing Russia's Gazprom for being reluctant to negotiate, as stated on Tuesday by the country’s energy ministry.
read more... 20/08/2014
South Stream venture in Bulgaria augments capital regardless of ban
The company intending to build a segment of the notorious South Stream natural gas pipeline in Bulgaria has increased capital, disobeying an order to stop preparations for the project, according to the declaration of the economy ministry on Tuesday.
read more... 20/08/2014
Two Belgian nuclear reactors could be shut down permanently
Two Belgian nuclear reactors possessed by GDF-Suez division Electrabel might stay offline until spring and may possibly have to be closed permanently, as stated by Belgian state broadcaster VRT on Tuesday.
read more... 20/08/2014
Daily: British gas prices increase on tight flows from Norway
Brent crude plunged, hitting a new 14-month low during Tuesday's session as the forecasts of stronger Iraqi and Libyan oil supplies weighed on the market. Brent crude oil for delivery in October declined 4 cents to hit at $101.56 a barrel, after slipping to $101.07, the lowest level since June 2013. WTI crude oil fell nearly $2 on Tuesday, falling for a second consecutive day as a rush of selling ahead of the session settlement dragged the contract to its lowest price since January. U.S. crude for September delivery tumbled abruptly a day ahead of its contract expiration, touching a session low of $94.27, its weakest level in seven months, before paring losses to settle at $94.48 a barrel, down $1.93.
read more... 20/08/2014
UK government and Green Bank to make an investment of 74 million in a new renewable plant in Scotland
Britain's government and the Green Investment Bank intend to make an investment in a new renewable energy plant in Scotland, which will facilitate power a famous whisky distillery.
read more... 19/08/2014