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Poland's power bills for households to drop 1.6% in 2016

Polish energy market regulator URE on Thursday authorized a 1.6-percent average reduction in 2016 final power prices in households' bills.

read more... 18/12/2015

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Daily: European spot power prices fell amid low demand, mild weather

Crude oil futures ended lower on Thursday, as recent figures showed a surprisingly hike in U.S. crude supplies and dollar appreciation following the Federal Reserve’s decision to increase interest rates. WTI crude for January delivery declined 57 cents, or 1.6%, to settle at $34.95 a barrel on the New York Mercantile Exchange. Brent crude for February delivery on London’s ICE Futures exchange also fell 33 cents, or 0.9%, to close at $37.06 a barrel.

read more... 18/12/2015

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British lawmakers to approve shale gas fracking beneath national parks

British MP’s voted on Wednesday to allow fracking for shale gas under national parks, defeating a decision against fracking in national parks previously this year.

read more... 17/12/2015

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Italy’s ERG to invest in four European countries to spur wind power growth

ERG, the largest wind power producer in Italy, envisages investing in four European countries, including Germany, France, Poland and Britain.

read more... 17/12/2015

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Statoil sets $2.77 billion in maintenance deals in Norway

Norway’s Statoil unveiled on Tuesday that it awarded maintenance and modification contracts worth $2.77 billion (NOK24bn) for its offshore and onshore oil and gas facilities in Norway. The company said that the new compensation system is aimed to save on oilfield services and to encourage continuous improvement and higher productivity.

read more... 17/12/2015

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