Latest news
Lundin Petroleum finds gas in Norway’s Zulu prospect
Swedish oil and gas company Lundin Petroleum has discovered gas in an exploration well at its Norwegian Zulu prospect northeast of the giant Johan Sverdrup field in the North Sea, as stated by the firm on Friday.
read more... 09/02/2015
Ukraine sees reduced European summer gas prices, to boost reserves
European summer spot gas prices for Ukraine might decrease to between $250 and $300 per 1,000 cubic metres, permitting Kiev to raise its underground storage reserves, as stated by Ukrainian Prime Minister Arseniy Yatseniuk on Wednesday.
read more... 05/02/2015
Daily: European prompt power prices tumble on prolonged cold snap
Crude oil prolonged losses on Wednesday, reversing a four-session gain after U.S. crude stockpiles soared to a record high, posting the global oversupply back into focus. U.S. crude futures eased 8.7 percent, to close at $48.45 a barrel, recording its biggest one-day percentage decline since November 28, 2014. Brent crude plunged $4 to settle at $54 a barrel, having traded as high as $59 a barrel on Tuesday.
read more... 05/02/2015
RWE, E.ON close to a sale of stakes in Luxembourg’s Enovos
German utilities RWE and E.ON are close to a sale of their stakes in Enovos in a transaction that estimates the Luxembourg energy supplier at 2 billion euros ($2.28 billion), as stated by two sources familiar with the matter.
read more... 04/02/2015
E.ON wants to sell Terni plant for 1 billion euros
German utility E.ON seeks to vend its most important asset in Italy, a 531 megawatt (MW) hydro-power plant estimated at minimum 1 billion euros ($1.13 billion), in the first semester of this year, as stated by some people acquainted with the agreement.
read more... 30/01/2015