Latest news
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
Offshore wind industry hastens to reduce costs since subsidies decline
As European governments begin to reduce offshore renewable electricity subsidies, utilities, wind turbine manufacturers and installers are aiming to decrease costs to aid the industry survive.
read more... 17/11/2014
Daily: European power prices jump on colder weather forecasts, weak renewable supply
Brent crude boosted almost $2 a barrel on Friday for its sharpest daily gain in three weeks as a support came a day after prices plunged to four-year lows below $80. Brent's new front-month contract, for January delivery, settled at $79.41 from Thursday's $77.49. U.S. crude's front-month increased by $1.61 to close at $75.82 a barrel, after a four-year low at $73.25 and session high of $76.30.
read more... 17/11/2014