Latest news
Daily (14.04.2017): Oil prices continue to recover more of March's losses
Oil prices were slightly changed on Thursday, after a week in which crude benchmarks recovered more of March's losses on confidence that supply and demand in the global oil market were close to balance.
read more... 14/04/2017
The UK could deliver 1GW of new onshore wind without pushing up the prices for power
According to a study realized by Scottish Renewables the UK could deliver 1GW of new onshore wind without pushing up the prices for power which could cover a supplementary annual demand of 600.000 homes.
read more... 13/04/2017
Algeria to issue bids for the construction of three solar power plants
Algeria, member of the Organization for the Petroleum Exporting Countries, mulls the development of renewable energy projects to meet its raising demand for power.
read more... 10/04/2017
Daily (21.03.2017): European spot power prices skyrocket over 50% on stronger demand, tight supply
Crude oil prices lost ground on Monday despite news that OPEC was supportive of extending a six-month deal to cut output as investors continue to be worried about increasing U.S. oil output and high inventories.
read more... 21/03/2017
IEA report: Oil demand likely to reduce in 2017, non-OPEC countries seen rising production
The demand for oil is anticipated to decrease from 1.6 million barrels a day in 2016 to 1.4 million barrels a day in 2017 which will add more issues for the producers while they could try to increase prices, as indicated in the International Energy Agency report published earlier this week, based on the early 1st quarter indicators showing slowdowns in Japan, Germany, Korea and India in January 2017.
read more... 16/03/2017