Latest news
Daily (1.03.2017): German spot power contract soars 20% on changeable wind patterns
Crude oil prices lost ground on Tuesday, but continued to trade in a tight range, as concerns about swelling U.S. crude stockpiles eclipsed OPEC production reductions. U.S. crude stockpiles have boosted for seven straight weeks. Forecasts for another weekly build of 3.1 million barrels fueled worries that demand growth may not be enough to absorb the oversupply.
read more... 01/03/2017
Lukoil hopes to reach a deal on two Iranian oilfields in April
Russia’s second-largest oil producer Lukoil hopes to secure a deal to develop two oilfields in Iran in April.
read more... 28/02/2017
French Total to acquire a major stake in Iranian LNG project
French energy giant Total is in talks with Iran to acquire a major stake in one of the country’s main liquefied natural gas (LNG) projects.
read more... 28/02/2017
EU to part fund an electricity superhighway between Scotland and Norway
The EU will grant €10 million (£8.45m) to part fund the development of a power interconnector between Scotland and Norway, called Northconnect.
read more... 28/02/2017
Daily (28.02.2017): UK spot gas down 1.5%, pressured by an oversupplied system
Crude oil prices posted minor changes on Monday as the prospect for the U.S. crude production to continue increasing outweighed reports of high compliance to the OPEC production cut agreement.
read more... 28/02/2017