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17.04.2014 13:40Putin: It Is Impossible for Europe to Stop Buying Russian Gas
Russian President Vladimir Putin said on Thursday it would not be possible for Europe to stop buying Russian gas and that he was hopeful a deal could be reached with Ukraine on gas supply. "We sell gas in European countries which have around10.04.2014 16:01EURELECTRIC Warns the EC About Negative Regulatory Trends in Bulgaria
The Union of the Electricity Industry in Europe - EURELECTRIC, has urged the European Commission to take immediate action on the worrisome regulatory trends in EU member state Bulgaria. Bulgaria’s regulatory agency is intending to revoke licences10.04.2014 15:51Bulgaria and Poland With Weakest Scores on Transport in the EU, Research Shows
The first ever EU Transport Scoreboard compares Member State performance in 22 transport-relevant categories and highlights for most categories the five top and bottom performers. Its aim is to give a snapshot of the diversity of Member State performance10.04.2014 12:40Ofgem Fined British Gas with GBP 5.6 M
Centrica's British Gas, the subject of an anti-trust investigation alongside Britain's other big utilities, will pay about 5.6 million pounds to remedy past errors which had blocked business customers from switching suppliers. Energy watchdog Ofgem04.04.2014 11:22Siemens to Deliver Dispatch and Electrical Systems for South Stream Offshore Pipeline
South Stream Transport B.V announced it signed a contract with Siemens AG for the delivery of electrical and instrumentation systems for the South Stream Offshore Pipeline. The German company will provide telecommunication equipment and local control02.04.2014 12:12Shell Appoints New Executive VP of Global Fuel Retail
Shell announced that Istvan Kapitany will assume the position of Executive Vice President of Global Fuel Retail. Mr Kapitany will thus manage the largest one brand global fuel retail network comprising over 43,000 commercial units in more than 7001.04.2014 16:11Gazprom Raises Gas Prices for Ukraine
Russian natural gas producer Gazprom announced a more than 40 percent increase in the price of gas for Ukraine on Tuesday, stepping up economic pressure on Kiev in its crisis in relations with Moscow. Ukraine will now have to pay USD 385.5 per 1,00001.04.2014 15:11CEZ Examines Selling Minority Stake in Romanian Wind Park
Czech utility CEZ is exploring the sale of a minority stake in its EUR 1.1 billion wind park in southeastern Romania, Europe's largest land-based wind farm, a company official said on Tuesday, as quoted by Reuters. The company did not say why it01.04.2014 12:18Socar Secures Financing for Planned Refinery in Turkey
Azeri state oil company Socar has secured financing for its Turkish oil refinery project after two lenders dropped out, it said March 18. Socar, which owns Turkish petrochemical company Petkim , is building the USD 5.5 billion Star refinery in partnership01.04.2014 11:05Hungary and Slovakia Inaugurated a New Gas Interconnector
Hungarian Prime Minister Viktor Orban and Slovak Prime Minister Robert Fico inaugurated an important phase of the first Central-European north-south gas corridor, the Hungarian-Slovak gas interconnector, which connects the two countries’ gas28.03.2014 15:22Cargill Inc. Withdraws from European Gas and Power Markets
Cargill Inc., the largest closely held U.S. company, will stop trading in European power and natural gas and global coal markets after oversupply and slowing demand dragged down prices. “Significant changes in the coal and European power and24.03.2014 15:18EU Plans Roadmap for Decreasing Russian Gas Dependency by June 2014
By June 2014 the EU is to prepare a roadmap for decreasing its dependency on Russian gas imports, a report with the conclusions from the latest meeting of the Council of Europe, reads. This proposal resulted from a meeting of the Council of Europe
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