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Slovakia offers possibility to supply gas to Ukraine if Russia halts supply

Slovakia is the Ukraine’s main hope to receive gas from Europe in case of Kremlin’s supply cut. The country could reopen a small pipeline, but stopped short of consenting to reverse the flow of important connections that provide EU with Russian gas.

read more... 16/04/2014

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Rosatom: sanctions will not harm Finnish nuclear project

The construction of the Finnish-Russian nuclear reactor in western Finland will not be harmed as a result of international sanctions instituted over the Ukraine crisis, as stated on Tuesday by a Rosatom manager.

read more... 16/04/2014

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European power markets register the first growth since 2010

The power trading volumes on the European wholesale market increased last year for the first time in three years but were nevertheless below 80 percent of their maximum level registered in 2010, according to a report presented by the research firm Prospex, which investigated the markets growth in several countries, such as Germany, the Nordic region, Britain, Italy, Spain, France and the Netherlands.

read more... 16/04/2014

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Daily: Brent crude climbs on civil wars worries in Ukraine

European benchmark, Brent crude posted a modest gain on Tuesday on news that a civil war is close to trigger in Ukraine. However the gains were curbed by forecasts of a resumption of oil exports from Libya.

read more... 16/04/2014

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German utilities might get 2.2 billion euros tax reimbursements

The German government might refund country’s utilities in nuclear fuel taxes estimated at over 2.2 billion euro ($3.06 billion), according to the preliminary decision of the Hamburg court.

read more... 15/04/2014

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