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Serbia secures more coal, electricity imports – winter deficit
Serbia has guaranteed extra coal and power supplies to aid compensate a predictable shortfall this winter after floods earlier this year hit its energy sector, power utility Elektroprivreda Srbije (EPS) said on Wednesday.
read more... 27/11/2014
LNG transporter Hoegh predicts challenging market until 2016-2017
Oslo-listed liquefied natural gas (LNG) transporter Hoegh LNG registered third-quarter profits below expectations on Wednesday and declared its market could continue to be tough for the next two to three years because of an oversupply of vessels.
read more... 27/11/2014
Polish energy companies to raise capacity 38% by 2028
Polish electricity generators plan to raise their capacity by a net 38 percent by 2028 to satisfy the increasing demand for power, as stated by Poland's market regulator on Tuesday.
read more... 26/11/2014
New EDF boss requires higher electricity prices
French utility EDF's new boss Jean-Bernard Levy complained on Tuesday about low energy prices in France, declaring government regulations were obliging the utility to finance its dividends partially through debt.
read more... 26/11/2014
Daily: Crude oil falls 2 percent on uncertainty about output cut at OPEC summit
Crude oil prices declined by 2 percent to hit near four-year lows on Tuesday in another volatile session as a meeting in Saudi Arabia and three other nations ahead of an OPEC summit closed with no sign of an accord to cut oil production. Benchmark Brent crude decreased $1.35 to settle at $78.33, slipping from an intraday peak of $80.44. U.S. crude fell $1.69 to close at $74.09. It declined more than $2 in post-settlement trade, hitting $73.71.
read more... 26/11/2014