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Daily: British spot gas prices edge higher on undersupplied market
Crude oil prices rose by 1 percent in a volatile trade on Thursday, with U.S. crude attaining six-month highs as investors were influenced by a forecast for weakening global supplies against signs of another stockpiles increase at the hub for U.S. crude futures. Brent crude futures edged 48 cents up at $48.08 per barrel. U.S. crude's WTI futures boosted 47 cents to close at $46.70. It rallied to a six-month high of $47.02.
read more... 13/05/2016
Spanish Gas Natural to focus on renewables to spur its profit by 2020
Spain’s Gas Natural will heavily invest in expanding its networks and in the production of renewable electricity to boost its profit by 6 to 8 percent by 2020.
read more... 12/05/2016
French regulator will allocate energy purchasers to new suppliers
Corporate French gas or electricity purchasers who have not moved from regulated tariffs to a market-based offer by July 1 will be allocated a new supplier chosen by energy market regulator CRE, as stated by CRE on Tuesday.
read more... 11/05/2016
Natural gas deal: Turkey-Israel poised to warm their relations
Israel and Turkey are on the verge to sign an energy deal, according to media sources.
read more... 10/05/2016
First fracked gas could enter the British market in 2017
First deliveries of shale gas, extracted via the unconventional fracking process, could enter the British gas market as early as mid-2017, as stated by the manager of shale gas company Cuadrilla Resources on Friday.
read more... 09/05/2016