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The most used energy sources in the world

The world’s most used energy sources based on the share of each source to global energy consumption in the past five decades according to BP’s assessments is listed by Energy Business Review.

read more... 22/12/2015

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Four groups present preliminary offers for Vattenfall German plants

Four energy conglomerates counting three from Czech Republic placed initial bids for German lignite-burning power plants, mines and hydro power stations put on sale by Swedish state utility Vattenfall on Friday, as stated by investors and sources close to the matter.

read more... 22/12/2015

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Demchyshyn: Ukraine to purchase Russian gas only at below $200 in 2016

Ukraine is ready to buy gas from Russia in Q1 2016 only if prices are reduced to under $200 per 1,000 cubic meters, Energy and Coal Industry Minister of Ukraine Volodymyr Demchyshyn has said.

read more... 22/12/2015

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Daily: Brent crude collapses to 11-year low on weaker demand for heating oil

Brent crude oil plunged to its lowest price in more than 11 years on Monday, as demand for heating oil declined on warmer-than-normal temperatures. Brent's premium over U.S. crude narrowed further after President Barack Obama passed a law on Friday that will lift a 40-year ban on U.S. crude oil exports. U.S. crude futures rose 1 cent to settle at $34.74 a barrel in the last day of trading on the January contract, before slipping slightly in post-settlement trading. Brent futures collapsed 53 cents to end at $36.35, drooping as much as 2 percent during the session to a low of $36.04, their weakest since July 2004.

read more... 22/12/2015

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Dutch Groningen gas output reduction to have €1.5bn impact on the treasury

The Dutch government decided on Friday to slash the volume of natural gas extracted from Groningen province again next year, following a recent Council of State ruling.

read more... 21/12/2015

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