Latest news
European Investment Bank provides $720 million for Scottish electricity grid
The European Investment Bank on Wednesday will offer 500 million pounds ($719.70 million) to aid connect Scotland's green energy schemes such as wind, wave and tidal to the electricity grid.
read more... 31/03/2016
EU 2015 gas consumption increased for first time in four years
Gas consumption in the European Union increased in 2015 for the first time in four years since temperatures moved closer to average after an extraordinarily mild 2014, augmenting residential demand for heating, as stated by business association Eurogas on Wednesday.
read more... 31/03/2016
Daily: British spot gas prices climb on lower wind output, robust demand
Crude oil prices ended flat on Wednesday, erasing most of the day’s gains, losing momentum, after U.S. government data unveiled crude stockpiles hit all-time high records despite strong refinery runs. U.S. crude futures rose 4 cents to close at $38.32 a barrel. Brent crude's front-month edged 12 cents higher to settle at $39.26, retreating from a session peak of $40.61.
read more... 31/03/2016
Investment fund will acquire Irish energy firm Viridian
Investment management firm I Squared Capital will acquire Irish energy company Viridian Group Holdings Limited from investment bank Arcapita, it declared on Tuesday.
read more... 30/03/2016
E.ON and Gazprom agree on adjustment of prices in gas supplies contract
German utility E.ON and Russian energy giant Gazprom agreed to adjust the prices of long-term gas supply contracts, resolving a pending arbitration proceeding between the companies.
read more... 30/03/2016