Latest news
French company starts UK home energy business
The French company ENGIE is challenging UK’s six largest energy providers - Centrica, SSE , Scottish Power, Npower, E.ON and EDF Energy - by starting a new home energy business, that will propose to its clients the lowest tariffs at the end of fixed term deals.
read more... 12/05/2017
Oil industry firm BP started gas production at two Egypt fields
BP has initiated gas production at two fields - The Taurus and Libra fields - located in its West Nile Delta development offshore Egypt.
read more... 12/05/2017
Daily (12.05.2017): UK spot gas prices declined by 5% on warmer weather forecasts
Oil prices grew by around 1%, extending Wednesday's 3% gains, boosted by the news about a huge drop in the U.S. inventories and 2 countries’ decision to support extension to OPEC supply cuts.
read more... 12/05/2017
Iberdrola price fixing claim examined by Spain's high court
Spain's High Court declared on Thursday it is inspecting a claim by the anti-corruption prosecutor of supposed electricity price manipulation by utility Iberdrola in late 2013.
read more... 11/05/2017
Daily (11.05.2017): Oil prices jumped by more than 3% on Wednesday
Oil prices surged by more than 3% on Wednesday, boosted by the biggest one-week slump in U.S. inventories so far in 2017, and after Iraq and Algeria joined Saudi Arabia in sustaining an extension to OPEC supply cuts.
read more... 11/05/2017