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Daily: Brent crude boosted by Federal Reserve expectations

Brent crude oil prices boosted on Thursday, pushed up by disruption to Libyan output, while U.S. crude dropped as gasoline showed the largest gain of the day, but both markets received support from expectations that Federal Reserve would keep stimulus measures in place.

read more... 15/11/2013

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Coal imports in Italy to stay flat this year

According to Italian Coal Association Assocarboni, the country’s thermal coal imports for this year are likely to stay steady at 19 million metric tonnes, with about 80% of imports coming from Indonesia, the US and South Africa.

read more... 14/11/2013

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IEA: The future of renewables worldwide

The International Energy Agency has recently released its annual report on the world energy system, which forecasts that renewable energy sources will represent almost 50% of the increase in global electricity generation by 2035.

read more... 14/11/2013

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Daily: British spot gas boost on short system

Brent crude recovered to about $106 per barrel on Wednesday, encouraged by speculation that the U.S. Federal Reserve may soon start to slash its monetary stimulus.

read more... 14/11/2013

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French Total eyes to develop a LNG facility in Cyprus

The Cyprus government and the French energy giant Total signed an agreement envisaging the development of a liquefied natural gas (LNG) plant at Vasilikos, Limassol, in Cyprus, with the deal certainly boosting morale in Cyprus and optimism about the potential of natural gas to save the national economy.

read more... 14/11/2013

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