Latest news
Egypt: 35 cargoes of LNG to be imported from Russia's Gazprom
Russia's Gazprom has signed an agreement to aid supply Egypt with its first liquefied natural gas (LNG) imports, as declared by the oil ministry on Tuesday, in a deal that could be estimated at approximately $1 billion at existing market prices.
read more... 19/03/2015
Germany: EnBW will cut more costs, since energy supply safety at risk
EnBW, Germany's third-largest utility, will slash costs further in response to low wholesale prices and writedowns on plants, anticipating the crisis in the energy sector to diminish profits by about 5 percent this year.
read more... 18/03/2015
Daily: Crude oil prices fell 9% on the week
Global oil prices plunged on Friday and declined 9% on the week, touched by a renewed hike in the dollar and a warning by the International Energy Agency (IEA) that the oil oversupply is growing. Benchmark Brent oil closed at near a one-month low below $55 a barrel and US crude settled near a 2-1/2 month low under $45. Brent closed at $54.67, declining $2.41, or 4.2%, on the day. WTI crude ended at $44.84, down $2.21, or 4.7%.
read more... 16/03/2015
Daily: British spot gas prices ease on robust supply from Norway, weaker exports to the continent
Crude oil plunged on Tuesday, dragged down sharply by a rallying dollar, with Brent declining more than WTI as traders took profits on recent highs in Brent’s premium. Brent crude closed at $58.39 a barrel, down $2.14, and U.S. crude settled at $48.29, slipping $1.71.
read more... 11/03/2015
Vestas to supply turbines of 50MW in Germany
Vestas will provide 15 V112 turbines of 3.3MW to CPC Germania for the Hüselitz wind project in Saxony-Anhalt in eastern Germany.
read more... 11/03/2015