Latest news
Serbia inks a 2.1 billion euro contract with Gazprom to build South Stream section
The Russian natural gas giant Gazprom announced that its Serbian subsidiary Centrgaz wil be responsible for buiding the South Stream natural gas pipeline in the country. The move came after its subsidiary had won a tender for the construction of the pipeline in Serbia.
read more... 11/07/2014
European Commission and industry leaders to invest €3.7 billion in biomass energy
The European Commission, in collaboration with industry companies, including Coca Cola, is investing as much as €3.7 billion in order to use untapped biomass and wastes resources in Europe to generate fossil- free and greener products.
read more... 11/07/2014
National Grid: Electricity prices could increase twofold within 20 years
Electricity prices could double by 2035, while gas prices might increase by 43%, according to analysis released by the National Grid.
read more... 11/07/2014
Daily: Crude oil prices rebound after long losing strip
Crude oil prices recovered from a long losing streak on Thursday as traders bought back contracts to secure their profits. Brent crude increased 39 cents to settle at $108.67 a barrel, rebounding after eight days of losses, the longest slump since 2010. U.S. crude rose 64 cents to close at $102.93 a barrel, recovering from a nine-day losing strip, the longest slide since late 2009.
read more... 11/07/2014
Power line project postponed, to have effect on supply in Central Norway
An important Norwegian power connection project will be postponed, which will probably lead to an insufficient electricity supply and price increases in central Norway from late 2016, as stated by grid operator Statnett.
read more... 10/07/2014