Latest news
Daily: UK gas prices gain on forecast for colder weather
Oil prices hit one-month lows on Monday after falling around 3 percent on uncertainties about OPEC's ability to implement its planned output reductions, with the market further influenced by expectations that the cartel had record production in October.
read more... 01/11/2016
German energy regulator abandons power area with Austria from 2018
Germany's energy regulator on Friday requested electricity transport firms to get ready for a separation of the German and Austrian power markets, which are currently joined, to allow for more traffic at reduced cost and less technical risks.
read more... 31/10/2016
France: Engie signs an agreement to reserve gas storage in Ukraine
French utility Engie declared on Friday it would form a subsidiary in Ukraine and inked an agreement with transmission system operator UkrTransGaz to reserve transport and gas storage capacities there, beginning with this winter.
read more... 31/10/2016
Total has made an oil discovery in the Black Sea offshore Bulgaria
French oil company Total has announced it has made an oil discovery in the Khan Asparuh license, situated in the Black Sea offshore Bulgaria. The volumes of oil have not yet been made public.
read more... 31/10/2016
Daily: Oil drops by 2% to settle at $48.70 on Friday, the biggest weekly loss since mid-September
Oil
Oil prices reduced on Friday on uncertainties about OPEC's planned production cut. Experts of Organization of the Petroleum Exporting Countries and counterparts from non-member producers such as Russia initiated two-day negotiations on Friday on curbing output to reduce a global glut that has influenced the markets for two years.
read more... 31/10/2016