Latest news
Electricity bills for 12 million German households to drop starting from January
Several 12 million German households' electricity bills will reduce by an average 2.4 percent starting from January since 115 energy firms pass on lower wholesale prices and charges to sustain renewable power, as mentioned by the internet portal Check24 on Monday.
read more... 19/11/2014
Kuzbassrazrezugol to reduce coal production by 2.3 million tonnes in 2015
Russian coal miner Kuzbassrazrezugol will reduce its output by 2.3 million tonnes in 2015 because of unfavorable international market conditions, as stated by the company.
read more... 18/11/2014
GDF Suez plans to vend Hungarian power trading business to MET Group
French utility GDF Suez intends to vend its Hungarian power trading unit to Hungarian energy trader MET Group, 40 percent possessed by oil and gas company MOL, as stated by the firms.
read more... 18/11/2014
France: Slight decrease of regulated natural gas tariffs as of 1st December
Regulated gas tariffs in France will decline by an average of 0.79% (excluding taxes) from December 1st, announced the Energy Regulatory Commission (CRE) on November 17. This decline comes after two consecutive months of increases.
read more... 18/11/2014
Daily: Crude oil declines as Japan falls into recession
Crude oil prices declined on Monday following the news that Japan, the world's fourth-biggest crude importer, had slipped into recession. Brent crude fell 10 cents to close at $78.31 a barrel, after declining as low as $77.94 earlier in the session, while WTI crude for December delivery dropped 18 cents to settle at $75.64 a barrel.
read more... 18/11/2014