The European Energy Bourse, EEX, declared on Monday it will start exchange trading of Nordic, Spanish and Swiss electricity futures on February 16, improving them from membership of its trade registration method.
read more... 27/01/2015
Energy supplier RWE npower, a division of German utility RWE, will reduce British gas tariffs by 5.1 percent starting from February 16 after a decline in wholesale costs, the biggest cut made thus far this year by Britain's largest six energy providers.
read more... 26/01/2015
Brent crude increased on Friday supported by market uncertainty over the future Saudi oil production following the death of King Abdullah bin Abdulaziz, placing renewed focus on the kingdom’s oil policy. Meanwhile, WTI crude declined on signs of supply glut. Brent crude inched up 27 cents to close at $48.79 a barrel, while U.S. crude dropped 72 cents to settle at $45.59.
read more... 26/01/2015
French electric utility firm Electricite de France (EDF) wants to either sell stake or choose a partial offshoot of its French distribution network Reseau de Transport d’Electricite (RTE) this year.
read more... 26/01/2015
A trading division of Russian gas producer Yamal LNG has inked a long-term supply deal with a trading division of Gazprom, under which liquefied natural gas (LNG) produced by Yamal LNG will be vended in Asia, as stated by Yamal LNG on Friday.
read more... 26/01/2015