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Daily: French spot electricity prices buoyed by higher consumption, weak nuclear output
Crude oil futures closed higher on Monday lifted by a weaker dollar and stronger U.S. equity markets which offset worries about increasing drilling activity for oil in the United States. Prices also received a boost from forecasts that U.S. shale oil production could dip for an 11th consecutive month in October. Brent crude rose 31 cents, or 0.7 percent, at $48.32 per barrel. U.S. West Texas Intermediate crude gained 41 cents, or nearly 1 percent, to settle at $46.29.
read more... 13/09/2016
UK: Eggborough plans to replace coal power station with new gas plant
The possessors of Britain's Eggborough coal power station intend to change the 53-year-old facility with a gas-fired plant by 2021-22, provided that the firm can obtain a government subsidy.
read more... 12/09/2016
Britain to miss its 2020 green energy objectives
Britain is likely to miss its 2020 European renewable energy goals, as stated in a parliamentary committee report on Friday, setting a poor example for less prosperous nations since the world tries to control global warming.
read more... 12/09/2016
Ukraine suspends Poland gas imports after pipeline incident
Ukraine has halted gas imports from Poland after a minor incident on a pipeline in western Ukraine, as stated by operator Ukrtransgas on Friday.
read more... 12/09/2016
Daily: Crude oil losses ground on stronger dollar, ignoring U.S. stocks draw
Crude oil prices lost 4 percent on Friday, paring most of the previous session’s gains as the dollar rose and the U.S. crude inventories draw was seen as a glitch. Brent crude fell $1.98 to close at $48.01 a barrel after an increase of above $50 for the first time in two weeks on Thursday. WTI crude declined down $1.74 to settle at $45.88. However, for the week, Brent contract rose by 2.5 percent and WTI by 3.24 percent.
read more... 12/09/2016