Latest news
Daily: European spot prices recover as German wind storms faded
Crude oil boosted as much as 5 percent on Wednesday, breaking a three-session losing streak, as U.S. crude oil production declined for the first time in two months and the government unveiled a smaller- than- expected increase in weekly inventories. Futures of North Sea Brent increased by $1.99, or 3.6 percent, to settle at $57.10. WTI crude futures rose $2.49, or 5.2 percent, to close at $50.09 a barrel.
read more... 02/04/2015
Spain: Banco Santander intends to vend Australian wind farm
Spain's Banco Santander SA, Europe's largest bank, intends to vend its single Australian wind farm partially due to the uncertainty about the country's support for renewable energy, as stated by a source on Wednesday.
read more... 01/04/2015
Britain’s Littlebrook oil-fired power plant will shut down on March 31
RWE Generation will close the oil-fired power plant at Littlebrook in Britain on Tuesday because of European Union environmental law, as confirmed by the company on Monday.
read more... 31/03/2015
BP estimates Tanap gas pipeline project agreement within two months
British oil major BP anticipates to ink an agreement with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to turn into a stakeholder in the multi-billion dollar project that wishes to diminish Europe's dependence on Russian gas.
read more... 26/03/2015
Daily: French premium over German power prices extends on colder weather
Brent crude oil eased on Tuesday as the dollar regained ground against the euro and the concerns about global supply glut persisted while WTI crude was spurred by optimistic domestic economic figures. Brent futures for May delivery closed at $55.11 per barrel, down 81 cents. U.S. crude oil boosted 6 cents to settle at $47.51.
read more... 25/03/2015