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
Brent crude oil futures increased, while U.S. crude oil limited losses on Thursday in a nervous trading as the euro and dollar were influenced by the European Central Bank's (ECB) decision to cut interest rates to record low levels and as investors forecasted strengthening oil demand in Europe. Brent rebounded from a three-week low and WTI crude from a two-week low reached instantly after the ECB announcement.
read more... 06/06/2014
Germany intends to set new rules in the next weeks for gas fracking, which will enforce tight restrictions on the controversial technique that has led to a shale gas expansion in the United States.
read more... 05/06/2014
The calculation of French regulated gas tariffs should be related more strongly to gas market prices since market main player GDF Suez renegotiates more of its supply agreements, as stated by energy regulator CRE in a report published on Wednesday.
read more... 05/06/2014