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Daily: European prompt power prices soar on cold spell forecasts
Brent oil edged 1% higher on Friday on short-covering before weekend, while WTI crude declined, but just above the $40-per-barrel threshold, struggling to defend after a hike in stockpiles. Brent futures rose 48 cents to close at $44.66 a barrel. It boosted to as high as $45.50 during its late rally. U.S. crude's WTI for December delivery expired on Friday down 15 cents at $40.39 after attaining a low of $38.99, the weakest since August 27. WTI for January delivery ended 18 cents higher at $41.90.
read more... 23/11/2015
Europe’s TOP Primary Energy Consumers per Capita
Total primary energy consumption reported in this table includes the consumption of petroleum, dry natural gas, coal, and net nuclear, hydroelectric, and non-hydroelectric renewable electricity. Total primary energy consumption for each country also includes net electricity imports (electricity imports minus electricity exports).
read more... 20/11/2015
Wind energy could surpass coal and gas as Europe's major power source by 2030
Wind energy might become the major source of electricity supply in the EU by 2030 if governments apply the right level of ambition in their climate and energy policies, as mentioned in the EWEA's latest report.
read more... 20/11/2015
Daily: Brent crude held steady, WTI contract down ahead of contract expiry
Brent oil futures held steady on Thursday, while WTI crude declined ahead of the expiry of the front-month contract and continued to be under pressure from large stockpiles increases. Brent futures rose 4 cents to close at $44.18 a barrel, after touching a low of $43.70 previously in the session. WTI crude declined 21 cents to settle at $40.54.
read more... 20/11/2015
Eni vends the remaining stake of 4% in Galp for $348 million
Eni has sold its remaining stake of 4 percent in Portugal's Galp Energia increasing 325 million euros ($348 million), as stated by the Italian oil and gas group on Friday.
read more... 20/11/2015