Unfavorable weather conditions and a weak economy facilitated more electricity share from gas and oil fired power plants in the SSE portfolio from April to June.
read more... 25/07/2016
Crude oil prices tumbled 2 percent on Thursday on U.S. government data showing growing stockpiles of gasoline and other oil products, driving total petroleum supplies in the U.S. to record highs. Brent crude lost 97 cents, or 2.1 percent, to settle at $46.20 a barrel. U.S. West Texas Intermediate (WTI) crude closed down $1, or 2.2 percent, to arrive at $44.75.
read more... 22/07/2016
SSE, British energy supplier, one of the “Big Six” said it had lost another 50,000 electricity and gas customers over the three months ending June 30, as small suppliers are gaining market share from incumbents.
read more... 21/07/2016
Gas network operators in Bulgaria, Romania and Ukraine inked gas interconnection deals to further link gas markets in the region, as announced by the European Commission (EC) late on Tuesday.
read more... 21/07/2016
The country’s decision follows its plans to increase domestic gas production by encouraging upstream activities in the nation, counting shale gas.
read more... 20/07/2016