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Latvia: gas unbundling rescheduled until April 2017
On Thursday, Latvia’s plan to separate Latvijas Gaze business has been delayed by the parliament until April 2017, after the gas utility, owned in proportion of about one third by Russia’s Gazprom, threatened to file a suit.
read more... 14/03/2014
Daily: Brent crude drops on weak economic data from China
Brent crude oil futures declined on Thursday since weak economic figures in China compensated fears over eventual supply interruptions that could be triggered by the conflict between Russia and Western powers over Ukraine. Meantime, U.S. crude futures posted a moderate gain, as bullish retail sales and labor market data increased the optimism about the economy and offset worries over China.
read more... 14/03/2014
Britain: 12 GW of power plant capacity to be taken offline by the end of 2023
About 12 GW of power plant capacity might be taken offline in Britain by the end of 2023, because of tougher European Union pollution laws, according to Reuters estimates published on Wednesday. Britain’s main goal is to ascertain a varied, low-carbon and efficient energy mix so as to cut emissions and offer consumers the best transaction, as stated by a spokeswoman from the UK’s Department of Energy and Climate Change.
read more... 13/03/2014
EU politicians eliminate shale gas from tougher environmental rules
Tougher rules have been voted on Wednesday by EU parliament on describing the impact of oil and conventional gas exploration on the environment, without including shale gas.
read more... 13/03/2014
Italy: GME energy bourse to close carbon trading platform after 3-year suspension
On March 22, Italian bourse Gestore Mercati Energetici (GME) will close its carbon emissions market, after more than three years of trade suspension as a result of a supposed illicit activity.
read more... 13/03/2014