Latest news
Gazprom awards Chinese gas pipeline agreements to Putin ally
Russia's Gazprom has offered Stroygazmontazh (SGM) agreements estimated at 197.7 billion roubles ($2.8 billion) for work on the construction of the Power of Siberia gas pipeline to China, as shown in the tender documents published on a government website.
read more... 28/12/2015
Daily: Crude oil prices rebound to close above $38 a bbl
Crude oil prices rebounded to settle above $38 a barrel on Thursday, with U.S. crude receiving support from declining stockpiles, pushing WTI crude to a premium to global benchmark Brent for the first time in about a year. Brent crude rose 53 cents to settle at $37.89 a barrel. It plunged to $35.98, an 11-year low, on Tuesday. U.S. crude edged 60 cents higher to close at $38.10 after gaining more than 8 percent last week.
read more... 28/12/2015
UK: Gas and electricity bills £45 cheaper
Gas and electricity bills dropped by £45 between 2014 and 2015, or a cut of 3.3% to an average yearly bill of £1.299, according to the Department of Energy and Climate Change (DECC).
read more... 24/12/2015
Scotland hit a renewable generation record in 2014
Scotland consumed almost 50% of electricity generated by renewables last year, meeting its green energy targets.
read more... 24/12/2015
Daily: European spot power prices decline ahead of Christmas
Oil futures continued to recover from multiyear lows on Wednesday, closing sharply higher after figures showed that U.S. crude stockpiles recorded an unexpectedly large decline previous week. On the New York Mercantile Exchange, light, sweet crude futures for delivery in February rebounded $1.36, or 3.8%, to settle at $37.50 a barrel. Brent crude for February delivery on London’s ICE Futures exchange rose $1.25, or 3.5%, to end at $37.36 a barrel, ending a five-session losing streak.
read more... 24/12/2015