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Daily: Brent crude oil prices increase on sanctions against Russia, healthier equities
BBrent crude oil futures boosted on Thursday on tighter sanctions against Russia which added a new risk premium and because of healthier equities which encouraged prices. Meanwhile, U.S. dropped ahead of the April contract's expiry.
read more... 21/03/2014
Romania will raise gas prices in April
Regulated natural gas prices in Romania will see an increase of 2% for households and 5% for industrial consumers starting from April, as part of a broader plan to liberalize energy markets, as stated on Thursday by Nicolae Havrilet, the chief of energy regulator ANRE. He also declared that electricity prices will remain stable.
read more... 21/03/2014
Bosnia: 52% increase in power exports due to hydropower gains
Bosnia’s electricity exports registered a significant increase of almost 52% in 2013 attributable to gains in hydropower production, according to data presented by the government on Thursday, accentuating its position as the major power exporter in the Western Balkans.
read more... 21/03/2014
Dutch Gasunie: Fluxys and OGE potential shareholders
Belgian pipeline operator Fluxys and Germany's Open Grid Europe (OGE) are seen as potential shareholders of Dutch Gasunie whether the parliament permits cross-shareholdings for network operators, as stated by Han Fennema, Gasunie's chief executive, on Wednesday.
read more... 20/03/2014
EU: 2030 climate goals to be agreed by October 2014
The 2030 climate and energy goals should be approved by all the European Union leaders by the end of October 2014, according to a draft document presented by Reuters. An agreement should be reached ahead of the September reunion in New York, which aims to encourage support among world leaders for the climate pact.
read more... 20/03/2014