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Steel companies registered the biggest carbon permit surplus in 2013

Three steelmakers have registered the biggest surplus of free carbon credits in the EU carbon market in 2013, according to a report made by an analyst on Monday, the companies gaining about tens of millions of euros.

read more... 20/05/2014

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Azerbaidjan: Socar to limit gas exports in 2014

The natural gas exports of Azeri state energy company SOCAR are likely to drop from 2.84 billion cubic metres (bcm) in 2013 to 2.6 bcm in 2014 because of reduced volumes to Russia, as stated by a SOCAR official on Monday.

read more... 20/05/2014

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Slovak pipeline might be ready to provide gas to Ukraine as of September

A pipeline to convey gas to Ukraine through Slovakia could be ready for draining at full capacity as of September, according to the manager of Slovakia's pipeline operator, which would facilitate the supply of some gas if Russia halts supplies.

read more... 20/05/2014

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Daily: U.S. oil prices rocket on dollar depreciation, contract expiration

U.S. crude oil prices soared to about one-month highs on Monday a day before the June contract’s expiration on the back of dollar depreciation, while Brent prices slipped alongside the drop in global equities which offset the impact of low Libyan output.

read more... 20/05/2014

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Eni: Norwegian Arctic project postponed again, costs increase

Italian energy firm Eni postponed again the launch of its Goliat field in the Norwegian Arctic declaring the costs would be more elevated than expected.

read more... 19/05/2014

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