Latest news
Statoil shuts production at Sleipner A platform following a gas alarm
Norwegian energy company Statoil has shut production at its Sleipner A platform in the North Sea following a gas alarm, as mentioned in the Stavanger Aftenblad newspaper on Saturday, citing a spokesman for the firm.
read more... 19/08/2014
Daily: Brent crude plunges at 14-month low as supply risks attenuate
Brent crude oil dropped by about $2 a barrel to hit its weakest point in over a year on Monday as investors’ worries about conflicts in Ukraine and Iraq attenuated and as stronger Libyan oil production added to already robust supplies. Brent crude declined $1.93 to close at $101.60 a barrel, after hitting a session low of $101.11, the lowest since June 2013. U.S. crude for September delivery tumbled by 94 cents to settle at $96.41, after paring losses from an earlier low of $95.81.
read more... 19/08/2014
Ukraine: Coal sector hit by the conflict jeopardizes power market
Intense combating in eastern Ukraine has required coal mines to slash production or close completely, jeopardizing the nation's electricity market and potentially obliging the government to reduce exports or straiten consumption.
read more... 18/08/2014
Belgium will be deprived of two thirds of its nuclear energy production
Belgian nuclear reactor Doel 4 in East Flanders will remain closed at least until the end of this year after a damage of its turbine, declared Electrabel, the owner of the plant.
read more... 15/08/2014
Daily: Brent crude dips to 13-month low on high production from OPEC
Brent crude plunged to 13-month low on Tuesday as higher OPEC production attenuated concerns over potential supply disruptions in Iraq and Libya. Brent crude for September delivery dropped $1.66 to settle at $103.02 per barrel. Brent's $102.65 intraday low was the weakest price since July 1, 2013. U.S. crude for September delivery slipped 71 cents to close at $97.37 a barrel, having fallen earlier to $96.81.
read more... 13/08/2014