Latest news
Daily: European spot power prices fell on holiday, forwards gain support from higher fuel prices
Crude oil prices boosted about 2 percent on Wednesday after the U.S. government unveiled a bigger-than-expected fall in crude stockpiles, but profit-taking after the data release kept prices below the $50 a barrel level. Brent crude rose by $1.13, or 2.3 percent, to settle at $49.74 a barrel. Prices jumped as high as $49.96 in post-settlement trading. U.S. crude's West Texas Intermediate (WTI) increased 94 cents to settle at $49.56, after hitting a seven-month high at $49.62.
read more... 26/05/2016
Trianel acquires wind farm in Bavaria
Trianel has purchased a 19.2MW wind farm in Bavaria as part of plans to raise its German green energy portfolio.
read more... 25/05/2016
G7 called to stop financing coal projects
Environmental groups pressed Group of Seven (G7) nations led by Japan and Germany to halt financing coal projects abroad, which provided $42 billion since 2007.
read more... 25/05/2016
Poland aims to say 'goodbye' to Russian gas by 2022
Poland, through expanding its LNG sources to Norway and Qatar this summer, targets to be on the road towards independence from Russian gas imports by 2022.
read more... 25/05/2016
Daily: Crude oil approaches $50 a bbl on larger U.S. inventories draw
Crude oil jumped about 1 per cent on Tuesday on data from the American Petroleum Institute (API) showing that U.S. crude stockpiles fell 5.1 million barrels last week, two-fold the expectations of analysts. After settlement, crude prices approached $50 a barrel. The bullish oil reflects supply disruptions aftermath Canada’s wildfires. U.S. crude’s West Texas Intermediate (WTI) futures rose 54 cents, or 1.1 per cent, to settle at $48.62 a barrel. Brent crude futures climbed 26 cents, or 0.5 per cent, to close at $48.61, finishing a four-day slide.
read more... 25/05/2016