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Daily: British natural gas prices climb on colder weather, nuclear outage
Crude oil prices rallied to a new 2015 peak on Wednesday following the first drawdown in U.S. crude stockpiles since January and dollar depreciation. Brent crude touched a 2015 peak of $69.63 before turning negative at one point. It rose by 25 cents to settle at $67.77. U.S. crude futures jumped more than $2 to hit the year's high of $62.58 a barrel, before ending just 53 cents higher at $60.93.
read more... 07/05/2015
Total's shale gas plans face another setback in Denmark
Danish Energy Agency has ordered French oil and gas giant Total to cease exploration drilling at the country’s first shale gas prospect a day after it started because the French giant has used Null Foam, a chemical product not approved by local authorities for utilization during the drilling.
read more... 07/05/2015
Spanish Iberdola to build a 56 MW CHP plant in Mexico
Spanish company Iberdrola inked a contract with petrochemical company Dynasol envisaging construction of a cogeneration power plant in the northeastern Mexican state of Tamaulipas.
read more... 06/05/2015
EU, Russia and Ukraine to conclude a trilateral gas deal to ensure supply security
Vice President of the European Commission, Maros Sefcovic, said on Tuesday in his recent visit to Kiev, is envisaging inking a trilateral gas deal between Ukraine, Russia and the European Union, which should be valid till the arbitration in Stockholm by the end of the summer. The deal is aimed to ensure security of gas supply for next winter and beyond.
read more... 06/05/2015
Asian actors consider building the first nuclear power plant in Poland
Japanese companies Hitachi, Toshiba and Mitsubishi are envisaging building Poland’s first nuclear power plant, as announced by Japanese economy official on Tuesday.
read more... 06/05/2015