Oil traded higher on Friday, due to falling crude inventories in the U.S., as a fundamental factor that supported prices.
read more... 26/06/2017
Vattenfall might enter the UK domestic energy market as it acquires a Bournemouth-based supplier. iSupplyEnergy provides gas and electricity to over 120,000 users and employs 170 people.
read more... 22/06/2017
Poland's energy ministry declared on Monday, that the country’s electricity network would be able to deal with a possible heatwave this summer.
read more... 21/06/2017
Britain’s energy regulator Ofgem declared on Tuesday it will cut subsidies to several small electricity producers that offer back-up during peak demand. According to Ofgem, this move would reduce household electricity bills by around 20 pounds a year, since the cost of the subsidies is included in overall network fees charged to power companies, which these pass on to consumers.
read more... 20/06/2017
Oil prices decreased on Monday, due to rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting output.
read more... 20/06/2017