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Daily: Brent crude slips as Ukraine, Russia pledge to halt violence

Brent crude oil declined on Thursday, holding below $100 a barrel after a four parties meeting in Geneva which called for an immediate halt to violence in Ukraine, while WTI crude oil increased on upbeat economic figures. Brent crude for June delivery, which was backed in recent days by intensified unrest in Ukraine, closed down 7 cents at $109.53 a barrel, after earlier touching a peak of $110.19 ahead of the meeting in Geneva. Meanwhile, U.S. oil for delivery in May rose 54 cents to settle at $104.30 a barrel, after having previously hit a high of $104.78 a barrel.

read more... 18/04/2014

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Poland: 4.9 billion cubic meters of natural gas sold in Q1 2014 by PGNiG

PGNiG, Poland's gas monopoly, declared on Wednesday the sales of natural gas dropped from 5.6 billion in 2013 to 4.9 billion cubic meters in the first quarter of 2014.

read more... 17/04/2014

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EDF: gas plant and wind farm officially opened in Britain

EDF had inaugurated its West Burton combined cycle gas turbine power station and its Teesside offshore wind farm in Britain, according to company’s declaration.

read more... 17/04/2014

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Belgium, Finland deal with daily penalties for violating energy waste law

Belgium and Finland are confronting with daily penalties for violation of the European Union law related to the more efficient construction of buildings, as stated by EU regulators on Wednesday.

read more... 17/04/2014

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Daily: British gas prices drop on oversupply forecast by National Grid

Brent crude increased to about $110 a barrel on Wednesday on escalating tensions in Ukraine, while WTI crude prices remained almost unchanged after a publication of a report showing a strong increase in stockpiles, which attenuated geopolitical worries.

read more... 17/04/2014

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