Crude oil prices posted a modest gain on Friday, recovering from near four-year lows as investors bought back into a an oversold market and as conflicts in Iraq intensified political risk. Brent for December delivery increased by 34 cents to close at $86.16 a barrel. Brent contract for November delivery expired on Thursday. U.S. November crude, boosted 5 cents to settle at $82.75, registering its consecutive third weekly decline.
read more... 20/10/2014
Spain's government will not perform as backer for debt to be issued to cover the 2013 electricity deficit of 3.6 billion euro ($4.59 billion), in spite of requests by the most important utilities, as stated by the regulator CNMC in a report.
read more... 17/10/2014
A surcharge incorporated since 2000 on German household electricity bills to aid support green energy will be cut for the first time, as stated by network companies on Wednesday.
read more... 16/10/2014
Serbia's grid operator EMS intends to invest 400 million euros ($507.5 million) over the next six years to improve its old electricity network and construct new connections to nations in the European Union, an EMS representative declared on Monday.
read more... 14/10/2014
The Scottish government has authorized the construction of four offshore wind farms to which would be able to produce enough electricity to power over 1.4 million households.
read more... 13/10/2014