Latest news
Cyprus: natural gas drilling is likely to continue despite Turkish threats
The Greek Cypriot government promised that extraction and drilling of natural gas offshore Cyprus will continue, even though Turkey has threatened to block these operations since it thinks the energy assets partly belong to Turkish Cypriots.
read more... 25/02/2014
Shell vends Australian assets to Swiss Vitol for $2.9 billion
Oil major company Shell has vended Australian Geelong oil refinery, located south of Melbourne, and 870 filling stations to Swiss top global oil trader Vitol for $2.9 billion.
read more... 24/02/2014
Spain sets out new electricity bill structure to protect consumers
Spain’s Industry Ministry will use a new method to determine consumer power bills, giving up the old auction system, which last year, had a major impact on household electricity bills while a spike in the scheme led to huge cost increases.
read more... 13/02/2014
Europe launches the coupling of the Northwest European day-ahead power markets
Europe took a further step towards a single power market by unifying electricity trading across 15 countries, a process called market coupling.
read more... 06/02/2014
Daily: European power prices firm alongside carbon prices
Brent crude oil registered at a three-month low on Tuesday, dragged down by the downturn in emerging markets, while U.S. crude settled higher, spurred by continued demand for heating fuels and the expectation of oil inventory figures to indicate a large draw from storage at the benchmark's delivery point, at Cushing, Oklahoma.
read more... 05/02/2014