Latest news
National Grid: Electricity prices could double within 20 years
Electricity prices could double by 2035, while gas prices might increase by 43%, according to analysis released by the National Grid.
read more... 29/08/2014
Daily: UK gas prices tumble amid a modest oversupply, Russia-Ukraine negotiations
Crude oil futures were flat aftermath a choppy trading on Wednesday, following a report indicating falling U.S. gasoline demand in the largest oil consumer in the world and an increase at the key Cushing, Oklahoma storage hub. Brent crude for October delivery boosted 22 cents to settle at $102.72 a barrel, after having fluctuated by $1 between $102.05 and $103.07. WTI crude increased 2 cents to close at $93.88 a barrel after settling 51 cents higher on Tuesday on upbeat U.S. economic data.
read more... 28/08/2014
Shell makes the second gas discovery offshore Malaysia
European oil giant Royal Dutch Shell unveiled another deep-water gas discovery off the coast of Malaysia. The well Marjoram-1 is located in Block SK318, 180 kilometers off the Malaysia coast and is at a water depth of 800 meters.
read more... 28/08/2014
RWE plans to resume British gas-fired power plant by the end of October
RWE aims to resume its gas-fired Great Yarmouth Power Station of 400 megawatts (MW) on England's east coast by the end of October, as stated by the company on Friday.
read more... 25/08/2014
Germany approved sale of $6.9 billion RWE oil and gas division to Russian investor
Germany's economy ministry approved the vending of utility RWE's oil and gas division DEA to a Russian investor in spite of conflicts between Russia and the West over the Ukraine crisis.
read more... 25/08/2014