Latest news
Germany: new website launched by EEX for transparent trading data
German energy exchange EEX declared on Tuesday it has launched a new website indicating energy output, storage and consumption data, with the aim to improve transparency in wholesale markets.
read more... 03/09/2014
Daily: UK gas prices tumble amid a modest oversupply, Russia-Ukraine negotiations
Crude oil futures were flat aftermath a choppy trading on Wednesday, following a report indicating falling U.S. gasoline demand in the largest oil consumer in the world and an increase at the key Cushing, Oklahoma storage hub. Brent crude for October delivery boosted 22 cents to settle at $102.72 a barrel, after having fluctuated by $1 between $102.05 and $103.07. WTI crude increased 2 cents to close at $93.88 a barrel after settling 51 cents higher on Tuesday on upbeat U.S. economic data.
read more... 28/08/2014
Iran eyes purchasing and storing gas in Azerbaijan
Iran has expressed its interest in buying Azerbaijani gas and is considering the option to store its gas in the underground gas storage facilities of this country, declared Iran's Deputy Minister of Industry, Mine and Trade Mojtaba Khosrow-Tajat a press conference in Baku.
read more... 24/06/2014
EU policymakers think about doubling gas storage obligation
The European Commission is thinking about a suggestion to double the quantity of gas EU member states must keep in storage as part of strategies to enhance supply security due to the Ukraine crisis, as stated by Europe's energy chief on Friday.
read more... 19/05/2014
Daily: European power prices firm alongside carbon prices
Brent crude oil registered at a three-month low on Tuesday, dragged down by the downturn in emerging markets, while U.S. crude settled higher, spurred by continued demand for heating fuels and the expectation of oil inventory figures to indicate a large draw from storage at the benchmark's delivery point, at Cushing, Oklahoma.
read more... 05/02/2014