Latest news
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
Daily: Crude oil prices settle down for a third consecutive week on U.S. rig count hike
Crude oil prices declined about half a percent on Friday after a surprisingly increase of U.S. oil rig for the first time in five weeks, dragging down a market already at seven-year lows. Brent and WTI futures fell for a third consecutive week, ending 2015 down about 35% amid oil oversupplies. Brent ended the session down 18 cents, or 0.5 percent, at $36.88. Brent posted a 3 % decline on the week. WTI settled at $34.29 a barrel, the lowest level since February 2009, after the release of the Baker Hughes' report. For the week, WTI lost 2.5%.
read more... 21/12/2015
Energy provider in UK will cut gas prices in 2016
Energy provider Utilita has made known about the reduction in gas prices in 2016.
read more... 21/12/2015
IEA: Global coal demand will decline
Global coal demand has slowed down after more than a decade of “aggressive” growth, that’s according to a report by the International Energy Agency (IEA) which anticipates global demand for coal will be reduced by over 500 million tonnes by 2020.
read more... 21/12/2015
Scottish Power vends tidal energy business to Atlantis
Scottish Power Renewables has vended its tidal electricity operations to Atlantis Resources in exchange for a six percent stake in Tidal Power Scotland Limited, the country's biggest tidal power developer.
read more... 18/12/2015