Brent crude futures soared 5 percent on Wednesday, after Saudi Arabia’s oil minister said oil demand was increasing and figures showed Chinese factories were producing more than projected. Brent crude for April delivery boosted $2.97 to settle at $61.63 a barrel. WTI April crude climbed $1.71 to close at $50.99.
read more... 26/02/2015
Slovak natural gas importer SPP may ensure supplies to all its clients for the remaining of the winter season even if deliveries of Russian gas via Ukraine were to be halted, as stated by a representative on Wednesday.
read more... 26/02/2015
The two gas trading hubs in the south of France will fuse on April 1, as stated by power trading group Powernext on Tuesday, denoting a first step towards an integrated French gas platform intended at preventing the big price swings presently seen in the market.
read more... 25/02/2015
Shares of solar firms increased on Tuesday, a day after SunPower Corp and First Solar Inc declared they were in negotiations to conjointly develop several assets, a move estimated to produce stable cash flows for the long-standing competitors.
read more... 25/02/2015
Litgas, Lithuania's liquefied natural gas (LNG) importer, obtained Estonia’s permission to trade natural gas in the country, as stated by the company on Tuesday, potentially opening the way for more transactions.
read more... 25/02/2015