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Czech EPH accomplishes acquisition of E.ON’s Italian assets

Czech utility EPH has finalized the acquisition of E.ON's coal- and gas-fired power plants in Italy after consenting to the transaction in January, as stated by EPH on Wednesday.

read more... 02/07/2015

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Daily: Crude oil recovers from three-week lows amid stronger demand for fuel

Crude oil prices settled higher, rebounding from three-week lows on Tuesday, as U.S. refined fuel trading increased on stronger summer demand, even as the Greece’ move towards a debt default threatened to hit markets worldwide. The oil rise was also spurred by stronger dollar. Brent crude rose by $1.58, or 2.6%, to settle at $63.59 a barrel. It declined by 3% for June. WTI crude increased by $1.14, or almost 2%, to close at $59.47. It fell 1% on the month.

read more... 01/07/2015

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Daily: European forward power prices rocket at an eight-week high tracking stronger coal, carbon prices

Crude oil declined for a second consecutive day on Thursday, dragged down by weaker U.S. refined fuels markets and eventual negative impact from Greek debt crisis on European energy demand. Brent crude decreased 29 cents, or 0.5 percent, to close at $63.20 a barrel. U.S. WTI crude declined by 57 cents, or almost 1 percent, to settle at $59.70.

read more... 26/06/2015

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EU establishes group to expand France-Iberia energy links

The European Commission has established a working group to expand the interconnection capacity of the French and Spanish electricity and gas markets, as it declared on Monday.

read more... 16/06/2015

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Croatian power exchange agreement to increase Balkan electricity connections

Croatia's power exchange CROPEX has inked an agreement with European energy exchange Nord Pool Spot to establish a day-ahead market by the end of the year, a move that will offer the European Union's newest member access to larger electricity markets.

read more... 05/06/2015

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