Italy's energy regulator upset investors in the country's utilities on Monday with a gas storage tariff estimation that takes into account a higher-than-anticipated rate of inflation, menacing to reduce potential profits across the sector.
read more... 04/11/2014
Germany envisages to get rid of some of its coal plant capacity as part of a set of new policies to aid Europe's largest economy attain its greenhouse gas emissions targets, as stated by a state secretary at the economy ministry on Wednesday.
read more... 30/10/2014
Lithuania on Monday greeted the launching of the Independence, a floating liquefied natural gas import (LNG) terminal, illustrating the end of the Baltic state's dependence on gas supplies from Russia.
read more... 29/10/2014
Central Europe's major utility CEZ sustains starting reforms to Europe's Emissions Trading System (ETS) from 2017, allying with Britain and Germany on bringing forward an intended adjustment, as stated by its chief executive.
read more... 27/10/2014
Crude oil prices dropped to a four-year low before recovering and world equity markets tumbled again on Thursday as investors worried about world growth and a revived European debt crisis after two years of stability. Brent crude for November delivery increased 69 cents to settle at $84.47 a barrel, after a previous decline to $82.60 a barrel, the lowest level since November 2010. U.S. crude jumped by 92 cents to close at $82.70 a barrel.
read more... 17/10/2014