Latest news
Ofgem will impose financial penalties on three power grid companies
Ofgem, the UK energy regulator, has imposed financial penalties to three local power grid firms of a total of £1million for connection delays to the local electricity network.
read more... 09/02/2011
Daily Energy Overview, Tuesday, February 08, 2011
U.S. crude oil futures traded lower on Monday, having hit its lowest level in more than one week, thus unaffecting the supplies through the Suez Canal as the unrest in Egypt continued. Prices for March crude eased 1.55 dollars at 87.48 dollars a barrel.
read more... 08/02/2011
EDF Energy to boost tariffs for energy bills from March
EDF Energy, one UK’s major energy suppliers, intends to boost the electricity tariffs by 7.5% and gas tariffs by 6.5% from March 2nd, 2011.
read more... 08/02/2011
Daily Energy Overview, Monday, February 07, 2011
Crude futures dropped almost 2 percent on Friday on news that the President of Egypt could resign. The ICE Brent for March delivery eased 1.93 dollars being traded at 99.83 dollars a barrel.
read more... 07/02/2011
Daily Energy Market Overview, Friday, January, 04, 2011
Civil uprisings in Tunisia, Egypt and Jordan emerged as the main fear factor for volatile oil market that pushed Brent crude oil above 100 dollars a barrel.
read more... 04/02/2011