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
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 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
Crude oil futures touched 3-week lows on Monday as Greece closed its banks and imposed capital controls, triggering widespread risk aversion, while Iran was expected to extend nuclear negotiations with the West to export more of its oil into an already flooded market. Brent crude futures declined by $1.25, or almost 2 percent, to settle at $62.01 a barrel, its lowest level since June 5. U.S. crude eased $1.30, or 2.2 percent, to close at $58.33 a barrel, its weakest settlement since June 8.
read more... 30/06/2015
Polish treasury minister Andrzej Czerwinski declared on Monday he would meet Italian construction company Saipem next week to guarantee that a liquefied gas terminal on the Baltic Sea launches in 2015 after several deferrals.
read more... 30/06/2015