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Enel Green Power profits up by over 20% in the first semester

Italy's biggest renewable energy company Enel Green Power (EGP), controlled by Italian utility Enel, has announced yesterday that in the first six month of 2013 its earnings increased by 21.7% to 269 million euros in comparison to 221 million euros in the same period of 2012.

read more... 01/08/2013

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China has started importing gas from Myanmar

The China-Myanmar pipeline has started delivering natural gas to China, aiming to reduce the country’s reliance on shipping through the Strait of Malacca and will help to diversify its energy imports.

read more... 01/08/2013

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Daily: German Cal' 14 settles to an eight-year low

U.S. crude oil futures closed nearly 2% higher as technical trading encouraged late-sessions gains, pushing prices to their highest monthly percentage gain in almost a year. Meanwhile, front-month U.S. crude oil futures rose $1.95 per barrel at $105.03, adding about 9 percent in July, the biggest one-month percentage increase in 11 months. The front-month premium of Brent over U.S. crude oil settled at $2.67 per barrel after trading as narrow as $2.44 and as wide as $3.74 per barrel earlier in the session.

read more... 01/08/2013

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Key facts on Spain’s energy market deficit

Following are key facts about Spain's energy market and a list of measures devised by the government and approved by royal decree on July 12 to overcome a growing gap between regulated energy prices and costs called the "tariff deficit".

read more... 01/08/2013

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EDF is turning the page of nuclear in the United States

French energy group EDF, which is a leading energy player and the largest operator of nuclear plants in the world, announced is abandoning nuclear energy in the United States, citing the impact of cheaper shale gas that transformed the market.

read more... 31/07/2013

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