Latest news
Europe’s forward power market under pressure from short term
Forward power contracts are losing their benchmark status in Europe's electricity markets, as growing renewable generation makes betting on long-term products difficult and pushes traders into shorter-term deals.
read more... 12/09/2013
Areva, Leroux & Lotz to build a biomass co-generation plant in France
Areva, in a consortium with a French industrial boiler supplier Leroux & Lotz Technologies, has won a contract valued at €55m from renewable energy developer neoen to build a biomass co-generation power plant in Commentry, France.
read more... 11/09/2013
Europe and Asia to join efforts to drive down LNG prices
Gas buyers in Europe, Japan and other parts of Asia are joining forces to try to drive down prices of liquefied natural gas (LNG) and for more transparent LNG prices, which according to officials, are putting under threat the recovery in the European Union and growth in the Japan’s economy.
read more... 11/09/2013
Daily: European power prices decline on dropping temperatures
Brent crude oil futures increased off sessions lows on Tuesday after bullish Chinese data strengthened the demand panorama from the world’s No.2 oil consumer. China's industrial output increased a forecast-beating 10.4 percent in August from a year ago, while retail sales boosted 13.4 percent.
read more... 11/09/2013
British Petroleum unveils a significant gas discovery in Egypt
British energy giant BP unveiled a significant gas discovery in the East Nile Delta, Egypt.
read more... 11/09/2013