Latest news
Recovery of the European energy demand
Energy demand in Europe has recovered in the period of 2009-2010, caused by the economic crisis, when gas and electricity demand reduced.
read more... 07/05/2010
Oil price stable at $80
On Thursday, oil prices hold around $ 80 per barrel, as a consequence of the U.S. worries over Greece’s economic situation.
read more... 06/05/2010
Galp’s profit increased
Portuguese fuel and oil company, Galp Energia, registered a 32 % increase in adjusted first-quarter net profit because of the fact that refining volume and crude production increased, despite all expectations.
read more... 06/05/2010
Spanish water reserves to new 12-year highs
According to the Ministry of Environment and Rural Affairs data from Tuesday, hydroelectric reservoirs have risen to the highest levels since 1998, enough to generate 16.671 GWh, having risen 44 GWh since last week.
read more... 05/05/2010
Oil prices fell again
Oil prices fell again on Wednesday, descending to $82 per barrel, a steep decline, due to significant oil stocks and dollar increase.
read more... 05/05/2010