Latest news
Germany: Wind turbine manufacturer Nordex expects increased sales, margins by 2017
German wind turbine producer Nordex predicts its annual sales to increase by approximately 40 percent and operating profit margin to have more than doubled by 2017 because of a mix of cost reductions, innovative products and rising demand in European markets.
read more... 25/09/2014
German EEX envisages French equal Powernext, concentrates on gas
Germany's European Energy Exchange (EEX) intends to take over French equal Powernext, according to a demand filed with the German competition regulator, in a move that could permit them to compete Britain as the region's foremost gas trading hub.
read more... 23/09/2014
Daily: Brent drops back under $98 on lower demand, abundant supply
Brent crude dropped under $98 a barrel on Monday, a decrease for the third session in four, since lower demand and plentiful supplies outweighed a potential halt in oil production from the Organization of the Petroleum Exporting Countries (OPEC).
read more... 22/09/2014
Daily: British prompt natural gas prices boost on undersupplied system
Crude oil prices dropped on Thursday, dragged down by plentiful supply, worries about demand growth and a stronger U.S. dollar. Brent eased $1.27 to settle at $97.70 a barrel, with prices falling around 15 percent from a nine-month peak of $115.71 reached in June. U.S. crude slipped $1.35 to close at $93.07 a barrel a day following a decline due to government data that showed U.S. crude inventories increased 3.7 million barrels last week.
read more... 19/09/2014
Gazprom declares to be unable to satisfy increasing gas demand from Europe for the moment
Russia's Gazprom declared on Wednesday it is unable to satisfy increasing gas demand from Europe while it creates stockpiles prior to winter, weakening the ability of Europe to supply Ukraine with gas. Slovakia, Poland, Romania and Austria have all registered insignificant declines in shipments recently from Russia, which is involved in a dispute with the European Union over the crisis in Ukraine.
read more... 18/09/2014