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Daily: European spot power prices boost on lower renewables and falling temperatures

Crude oil futures declined on Friday on disappointing U.S. jobs data which alleviated economic optimism, pushing Brent crude to its highest level in four months and encouraging some investors to take profits.

read more... 05/08/2013

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UK to invest 66 million pounds in the offshore wind industry

The UK Government intends to invest 66 millions of pounds in the offshore wind industry aiming to create more jobs and to improve the economy, meanwhile maintaining the UK as a world leader in the sector.

read more... 02/08/2013

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Poland will not apply taxes on shale gas production by 2020

After several foreign companies, as Exxon Mobil, Canada’s Talisman Energy and US oil firm Marathon, quit the Polish market in the past few months, the finance minister, Jacek Rostowski, has announced that Poland will not tax shale gas production until 2020 and will improve regulation, in a move which aims to attract energy explorers.

read more... 02/08/2013

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Daily: Crude oil increases on optimistic global economic data

U.S. crude oil prices boosted by 3 percent on Thursday, diminishing the premium to European Brent for a second day, following a surprisingly optimistic global economic data and supply disruptions in Africa and Iraq.

read more... 02/08/2013

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British Gas to offer “free electricity” on Saturdays to its customers

Energy firm British Gas is considering offering customers “free electricity” on Saturdays, encouraging in such a way more power use at weekends when industrial energy demand is much lower.

read more... 02/08/2013

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