Latest news
German utility MVV Energie will make an investment of 3 billion euros in growth
Utility MVV Energie made known plans to invest 3 billion euros ($3.34 billion) over the next decade while bigger German peers reduce spending, suffering from their greater exposure to low wholesale electricity prices.
read more... 17/08/2015
Daily: WTI crude oil recovers from six- and- half year low, while Brent plunges
U.S. crude oil rebounded after declining to a new 6-1/2 year low on Friday, registering a seventh weekly loss due to worries about supply glut, while Brent futures fell as the front-month September contract neared to expiration. U.S. September crude closed at $42.50 a barrel, up 27 cents, and continued to oscillate in post-settlement trade. Expiring Brent September crude dropped 19 cents to settle at $49.03, but rose nearly 1 pence for the week.
read more... 17/08/2015
Endesa wants to quadruple Portugal gas market share
Spain's Endesa aims to quadruple its share of natural gas vended to firms in bordering Portugal by 2018, when it should attain 14 percent of the market, as stated in the Expresso weekly newspaper quoting a company representative.
read more... 17/08/2015
Daily: WTI crude oil recovers from six- and- half year low, while Brent plunges
U.S. crude oil rebounded after declining to a new 6-1/2 year low on Friday, registering a seventh weekly loss due to worries about supply glut, while Brent futures fell as the front-month September contract neared to expiration. U.S. September crude closed at $42.50 a barrel, up 27 cents, and continued to oscillate in post-settlement trade. Expiring Brent September crude dropped 19 cents to settle at $49.03, but rose nearly 1 pence.
read more... 17/08/2015
French EDF signs a LNG supply deal with U.S. company Cheniere
French energy company EDF has entered into sales arrangements with the American company Cheniere Marketing to purchase up to 26 cargoes or about 100 million MMBtus of LNG from its Sabine Pass export terminal through 2018.
read more... 14/08/2015