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Daily: European spot power prices fade ahead of five-day Christmas holiday
Crude oil prices increased by more than $2 a barrel on Tuesday, soaring for a second time in three days, after figures indicated the fastest pace of U.S. economic growth in 11 years, rising expectations for crude demand. Brent boosted $1.58 to settle at $61.69 a barrel, prolonging its rise in post settlement to $62.14. U.S. crude rose by $1.86 to close at $57.12, and rallied thereafter to as high as $57.56.
read more... 24/12/2014
Capital Stage envisages investment of 500-600 million euros in solar parks
Capital Stage, an operator of wind and solar parks based in Hamburg, intends to make an investment of hundreds of millions of euros next year after obtaining insurer Gothaer as an associate, as stated by its chief executive to a German newspaper.
read more... 22/12/2014
Daily: European spot power prices drop on robust wind power supply, tightening demand
Brent crude futures declined for a fifth consecutive day on Tuesday to close below $60 a barrel, while WTI crude ended a volatile session slightly higher as trading of expiring options helped defend the price above $55. Brent crude for January delivery slipped $1.20, or nearly 2 percent, to settle at $59.86 a barrel. The contract has lost more than 10 percent in five days of trading. U.S. crude's front-month rose 2 cents to close at $55.93 a barrel. Its session low of $53.60 was the lowest since May 2009.
read more... 17/12/2014
Portugal: EDP vends several Spanish gas assets for 236 million euros
EDP-Energias de Portugal Spanish division Naturgas decided to vend natural gas distribution assets in three Spanish districts to Redexis, a holding firm of Goldman Sachs Infrastructure Partners, for 236 million euros ($295 million), as stated by EDP on Tuesday.
read more... 17/12/2014
Bidding rules for Slovak-Hungarian gas connection capacity to be modified
Slovak gas pipeline operator Eustream declared on Monday that rules for the open season system for a connection between Slovakia and Hungary would be considerably changed because of circumstances outside the control of the organizing operators.
read more... 16/12/2014