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The EU limit on greenhouse gas emissions increased by 5.8%

The European Commission revised up the limit on greenhouse gas emissions from heavy industry it will apply in 2013, announcing on Friday, a level of 2,039,152,882 tonnes of carbon dioxide, which is 5.8% higher than the provisional level of 1.927 billion set by the Commission in July.

read more... 25/10/2010

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Oil price to increase sooner rather than later

Oil might reach $100 per barrel in the future due to Chinese increasing oil demand and a weakening dollar.

read more... 25/10/2010

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Daily Market Update, Friday, October 22, 2010

Oil prices were up above $81 per barrel on Friday, because of a dip in the dollar index stoked buying for commodities. At 13:35 GMT, U.S. crude futures increased at $81.44 per barrel, while ICE Brent increased at $82.92 per barrel.

read more... 25/10/2010

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Enel expand its energy market position in U.S.

Enel Green Power, the renewable energy arm of Italy's biggest utility Enel, will sell the power from its new 200 MW U.S wind farm, in order to expand its positions on the U.S. energy market.

read more... 22/10/2010

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The French gas prices are affected by the nationwide strike

French wholesale market gas prices increased on Thursday, because of nationwide strike over pension reform, which affected gas stocks for supplementing supplies on a cold day.

read more... 22/10/2010

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