Latest news
Latvia government envisages takeover of gas pipelines and underground storage
Latvia should take over its main gas pipelines and underground storage, 34 percent possessed by Russia's Gazprom, next year to guarantee a steady transition from a regulated to liberalised gas market, as stated by the economy minister.
read more... 25/04/2016
Macron declares EDF will decide in September on UK nuclear plants
French state-controlled utility EDF will postpone the final investment decision on its project to construct two nuclear plants in Britain until September, as stated by French Economy Minister Emmanuel Macron in a newspaper interview.
read more... 25/04/2016
Daily: Crude oil prices post the third week of gains on upbeat market sentiment
Crude oil prices boosted on Friday and posted their third consecutive week of gains on optimistic market sentiment and on signs that a continuing global oversupply may be alleviating. Brent futures rose by 1.3 percent to settle at $45.11 per barrel, while U.S. West Texas Intermediate crude climbed 1.3 percent at $43.73 a barrel. Both contracts increased as much as 3 percent during the session. Brent has rallied by 4.5 percent this week and U.S. crude by 8.4 percent as both benchmarks recorded a third week of gains.
read more... 25/04/2016
Daily: European forward electricity prices hit the highest level in 12 weeks amid firmer fuels
Crude oil prices shed on Thursday as producers insinuated more output, while U.S. stockpiles registered their first loss in four sessions. The euro was down against the dollar after traders saw potential for the European Central Bank to eventually boost its stimulus measures if necessary. WTI crude oil prices eased 2.3 percent to settle at 43.18 a barrel. Brent crude declined 2.8 percent to close at $44.53 a barrel.
read more... 22/04/2016
Centrica expands in European energy trading with Neas purchase
Britain's Centrica made known about the 170 million-pound ($243 million) purchase of Danish energy management firm Neas Energy on Thursday, a move that builds on its new strategy shift to grow in European energy trading.
read more... 22/04/2016