Russia, Ukraine and the European Commission negotiated eight hours on Tuesday without reaching an agreement on working out a gas pricing dispute, increasing the risk of halt in supply.
read more... 10/06/2014
Brent crude boosted on Monday, adding over $1 to trade greater than $110 a barrel for the first time since June, while WTI crude gained about $2, as upbeat figures from China and the U.S. underlined a strong economic growth and higher demand for oil from the both countries, the two largest consumers in the world.
read more... 10/06/2014
Bulgaria has not renounced the intention to construct the South Stream pipeline to supply Europe with Russian gas and considers that the project managed by Gazprom will be finished once problems over its structure are fixed, as stated by Energy Minister Dragomir Stoynev on Monday.
read more... 10/06/2014
French gas and power conglomerate GDF Suez intends to sell a stake of 30 percent in its Australian power generation and retail business, as stated in the Wall Street Journal.
read more... 09/06/2014
A bill proposed by U.S. Senator Edward Markey on Thursday aims to reduce Ukraine's fuel reliance on Russia by improving its heating infrastructure and renewing its Soviet-era natural gas drilling potentials.
read more... 06/06/2014