Latest news
Daily (25.04.2017): German spot electricity price rose by 195%
Oil prices slipped on Monday in line with Friday decline due to potential 30-years highest rate of Russian oil production in the absence of confirmation that OPEC will extend output cuts until the end of 2017.
read more... 25/04/2017
Nord Stream 2 inked financial deals with Shell and four other European energy companies
Nord Stream 2, the company in charge with planning, constructing and future operation of the Nord Stream 2 pipeline, inked financial deals with Shell and four other European energy firms - ENGIE, OMV, Uniper and Wintershall.
read more... 25/04/2017
UK - first coal-power free day in over a century, according to National Grid
Britain is set for its first day without electricity production from coal-fired power stations since the country's industrial revolution in the 19th century, as stated by power grid operator National Grid on Friday.
read more... 24/04/2017
Russia: Novatek will increase gas resources to preserve output, stabilize market share
Novatek, Russia's biggest non-state natural gas producer, is seeking to increase its resource base to keep gas production and maintain stable its domestic market share, as stated on Friday by Leonid Mikhelson, the manager of the company.
read more... 24/04/2017
Daily (24.04.2017): U.S. crude settled below $50 for first time in 2 weeks
Oil prices fell over 2 percent on Friday, marking the biggest weekly drop in over a month on rising proof that U.S. production and inventory growth were counterbalancing OPEC's efforts to limit the global crude glut. Brent futures settled down $1.03, or 2%, at $51.96 a barrel. U.S. crude futures ended the session down 2.2 %, or $1.09 at $49.62 a barrel.
read more... 24/04/2017