Latest news
Gas trading volume doubled in Germany last year
According to British consultancy Prospex, German gas trading volume increased more than twice in 2009, reaching 955.2 TWh, up from 407.8 TWh in 2008, mainly due to faster merging of gas transmission zones.
read more... 07/05/2010
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