Latest news
Daily: European spot electricity prices retreat from recent highs on firmer wind supply, lower demand
Crude oil prices did not change significantly on Tuesday, paring earlier gains in line with U.S. stock markets as voters head to the polls to elect the next president of the United States. Brent crude lost 11 cents or 0.24 percent to settle at $ 46.04 per barrel. WTI crude rose by 0.09 cents or 0.20 percent to end at $44.98 per barrel.
read more... 09/11/2016
French regulator aims electricity price speculation with recent ARENH rules
French energy markets regulator CRE suggested on Tuesday stricter rules under which alternative energy providers purchase electricity from nuclear power station run by state-controlled utility EDF.
read more... 08/11/2016
Bulgarian and Slovak gas operators will collaborate on projects
The gas pipeline operators of Bulgaria and Slovakia have inked a memorandum of understanding to cooperate in connecting the proposed Eastring pipeline and Balkan gas hub project, as stated by Bulgaria's energy ministry on Friday.
read more... 08/11/2016
Daily: US crude increased by 1.9% to settle at $44.89, snaps 6-day losing streak as market rallies
Oil prices rose on Monday, encouraged by a rebound in other asset classes after news that U.S. presidential candidate Hillary Clinton will not face charges over her emails, but gains were limited by an increasing dollar and doubts over OPEC's planned output cuts. U.S. West Texas Intermediate (WTI) crude augmented by 82 cents, or 1.9 percent, to settle at $44.89 a barrel for its first positive settle in seven sessions. Brent crude closed the session at $46.15 per barrel, having increased by 57 cents, or 1.25 percent, from the previous close.
read more... 08/11/2016
Egypt defers third LNG terminal until electricity requirements determined
Egypt will postpone plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry of electricity determines its LNG requirements, as stated by an official at state gas purchaser EGAS on Sunday.
read more... 08/11/2016