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IEA: Global energy needs to be met by renewables and natural gas in the next 25 years

According to the World Energy Outlook 2017, the abundant growth in oil and gas production from the United States, strong reductions in the cost of renewables and emerging electrification are changing the global power system and ending traditional ways of meeting demand. Meanwhile, a greener and more diversified energy mix in China is another important driver of this transformation.

read more... 17/11/2017

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Spanish giant Iberdrola had a 18.4% growth in its net profit

The Spain’s huge electricity, gas and services company, Iberdrola, gained a €2.41 billion net profit in the third quarter of 2017, or a 18.4% increase compared with the same period last year. 

read more... 16/11/2017

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Daily (16.11.2017): British wholesale gas prices dropped due to an oversupplied market

Oil prices fell for the fourth consecutive session on Wednesday after the U.S. government announced an unpredicted increase in crude and gasoline stockpiles.

read more... 16/11/2017

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Daily (13.11.2017): UK day-ahead gas contract settled 2.7% up on Friday, due to expectations of colder weather

Crude prices fell slightly on Friday as anticipations that OPEC and other producers will extend their output reduction agreement were offset by U.S. drillers adding the most oil rigs in a week since June, indicating output will continue to increase.

read more... 13/11/2017

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EU wants to extend gas legislation related to pipelines import

EU wants to extend gas legislation related to pipelines import

read more... 09/11/2017

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