Crude oil prices firmed more than 2 percent on Monday in volatile trading, recovering losses as the market reacted to uncertain conditions that top producers will be able to agree on output reductions at a meeting on Wednesday. U.S. West Texas Intermediate crude futures rose $1.02, or 2.21 percent to settle at $47.08 a barrel. Brent crude gained $1.00, or 2.12 percent, to close at $48.24 a barrel. In post-settlement trading, oil futures paired gains on reports that OPEC experts did not agree on the details of a deal to curb production.
read more... 29/11/2016
French electricity utility EDF's headquarters and other locations have been investigated by the competition authorities looking into a potential manipulation of a dominant position in the energy market, the state-run utility declared on Friday.
read more... 28/11/2016
French unease at potential electricity shortages this winter have been lessened by claims from the nation’s gas power sector that there is enough capacity from the industry to back the country.
read more... 25/11/2016
Polish state-controlled utility Energa declared on Wednesday it plans to issue hybrid bonds estimated at 250 million euros ($263 million) to the European Investment Bank (EIB) to finance investment in its electricity distribution network.
read more... 24/11/2016
French regulated electricity tariffs are likely to raise next year as grid operators will be allowed to increase network usage fees to back the country's energy transition, as stated by the energy regulator CRE on Monday.
read more... 22/11/2016