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French, Spanish ministers talk about new-cross border energy interconnections
French, Spanish and Portuguese energy ministers have talked about plans for new electricity and gas infrastructure across the French-Spanish border, as stated by the French energy ministry on Tuesday.
read more... 01/07/2015
Ukraine suspended gas supply from Russia on failure to agree on gas prices
Ukraine's state gas transport monopoly, Ukrtransgaz unveiled it has suspended its gas purchases from Russia from July 1, after energy officials did not agree on a pricing plan for the next quarter at a meeting in Vienna.
read more... 01/07/2015
Bosnian regulator suspends decision to raise electricity prices
The electricity regulator in Bosnia's independent Serb Republic on Tuesday deferred a decision to permit the region's power utility ERS to increase electricity prices by an average 8.76 percent from July, mentioning legal and technical problems.
read more... 01/07/2015
Daily: Crude oil recovers from three-week lows amid stronger demand for fuel
Crude oil prices settled higher, rebounding from three-week lows on Tuesday, as U.S. refined fuel trading increased on stronger summer demand, even as the Greece’ move towards a debt default threatened to hit markets worldwide. The oil rise was also spurred by stronger dollar. Brent crude rose by $1.58, or 2.6%, to settle at $63.59 a barrel. It declined by 3% for June. WTI crude increased by $1.14, or almost 2%, to close at $59.47. It fell 1% on the month.
read more... 01/07/2015
Lancashire county council rejects Little Plumpton fracking application
Lancashire county council has rejected a planning application by shale gas explorer Cuadrilla to drill in the county, representing a major setback for UK’s biggest round of fracking so far.
read more... 30/06/2015