Latest news
Costs for Germany’s nuclear exit might increase to 70 billion euros
The bill for closing Germany's nuclear power plants and constructing a secure disposal location for nuclear waste might increase to 70 billion euros, the manager of a government commission declared to daily Frankfurter Rundschau in an interview.
read more... 21/04/2015
Europe to sketch out energy crisis emergency plans
The European Union is working on contingency plans to make member states better equipped for any kind of energy supply outages, as stated by Europe's energy and climate chief on Thursday.
read more... 17/04/2015
Daily: European spot power prices diverge on weaker French nuclear, stronger German wind output
Crude oil futures boosted on Tuesday on evidence of declining oil production in North Dakota, depreciation of dollar and turmoil in the Middle East, especially in Yemen. Brent crude firmed by 50 cents to settle at $58.43 a barrel, ahead of Wednesday's May contract expiration, closing just above its $58.40 100-day moving average. WTI crude for May delivery climbed $1.38 to close at $53.29, soaring above its 100-day moving average of $52.96.
read more... 15/04/2015
Russia might offer Greece advance funds for future gas project
Russia is thinking about soon offering Greece funds based on future earnings it could obtain from conveying Russian gas to Europe as part of a pipeline development, as stated by two Greek government sources on Wednesday.
read more... 09/04/2015
Daily: European power prices rebound on recovering demand after the Easter holiday
Crude oil futures soared on Tuesday and U.S. crude jumped close to 2015 highs on optimistic jobs data and government predictions for weaker U.S. crude production growth and stronger demand for oil. The price of U.S. crude oil for May delivery boosted 3.5% to settle $53.98 a barrel, approaching the highest level in 2015 at $55.11 hit on January 2. Brent crude for May delivery on London’s ICE Futures exchange soared 98 cents to settle at $59.10, having fluctuated from $57.02 to $59.27, the highest level since March 26.
read more... 08/04/2015