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Hydropower output has declined in Spain

Spanish water reserves, needed to reduce the country's dependence on gas imports, had notice a decrease, according to official data showed on Tuesday, however the levels are above the average, being helped by very heavy rainfall in winter and spring time.

read more... 27/10/2010

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Daily Market Update, Tuesday, October 26, 2010

Oil was down at $82 per barrel on Tuesday, thanks to dollar strength and to a report expected to show an increase in U.S. crude oil stockpiles. At 08:23 GMT, U.S. crude for December decreased at $81.92 per barrel, while ICE Brent dropped at $83.12 per barrel.

read more... 27/10/2010

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AEEG suspects a cartel creation over setting power prices

Italy's energy regulator AEEG has opened an inquiry in order to discover possible power price agreements between five electricity companies operating in the southern region of Campania, in Italy.

read more... 26/10/2010

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France recovers its gasoline stocks

France recovers, step by step, its gasoline stocks, receiving fuel from a vessel at one of the northern ports of France, while expecting another ship coming to deliver more, according to industry sources.

read more... 26/10/2010

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Gamesa to expand in Great Britain

Spain's Gamesa will open an offshore wind turbine factory and research center in Great Britain, the company announced on Monday.

read more... 26/10/2010

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