Latest news
Daily: European power prices diverge, with German lower on strong winds
Crude oil lost more than 3% on Monday, pressured by a decline in gasoline prices and fears about whether the United States will have its first interest rate increase in nearly a decade. WTI futures lost 63 cents, or 1.41 percent, to close at $44 a barrel. Front-month Brent crude futures eased $1.70, or 3.6 percent, to settle at $46.40 a barrel.
read more... 15/09/2015
Gazprom to deliver 10% of export gas via tenders
Russia's top natural gas producer Gazprom said it envisages selling up to 10 percent of its gas to Europe via tenders, becoming more flexible regarding its traditional pricing mechanisms.
read more... 15/09/2015
France to stop immediately the coal credits for exporters
The French government unveiled it will end export subsidies for building coal plants abroad ahead of high-profile climate change United Nations talks in December.
read more... 14/09/2015
ABB ready to decide on Power Grids future in 2016
ABB will probably decide next year what to do with its new Power Grids unit, as told by the Chief Executive Ulrich Spiesshofer to a Swiss newspaper, restating that all options were open for the business.
read more... 14/09/2015
Daily: Crude oil ends down about 2% as Goldman Sachs lowers price forecast
Crude futures declined by 2 percent or more on Friday after Goldman Sachs slashed its forecast for oil, however a bullish sentiment from recovering U.S. inventories prices and less drilling for oil helped to curb losses.
read more... 14/09/2015