Latest news
Daily (20.06.2017): European spot electricity prices soared by over 40% on Monday
Oil prices decreased on Monday, due to rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting output.
read more... 20/06/2017
Daily (09.06.2017): UK wholesale gas prices rose 3-4% on Thursday on high gas-for-power demand
Crude oil fell for a second consecutive day on Thursday to hit a one-month low after an unexpected increase in U.S. inventories and on growing concerns over an oversupplied market following a rebound in oil production in Libya and Nigeria, which are exempt from OPEC's production cuts.
read more... 09/06/2017
Daily: Spot power prices increased on lower wind in Germany, nuclear supply in France
Oil prices decreased more than 1 percent yesterday on renewed worries over an oil oversupply, a stronger dollar and hopes that Nigerian insurgents will stop hampering country's crude production. Brent crude decreased 66 cents arriving at $49.26 a barrel, down 1.3 percent. U.S. West Texas Intermediate (WTI) crude diminished 66 cents, or 1.4 percent, at $46.98.
read more... 30/08/2016
Japan offers Nigeria $9.7 million solar boost
Japan has offered solar energy equipment valued at $9.7 million (£7.35m) to Nigeria.
read more... 26/08/2016
Daily: British gas spot price fell over 10 percent on oversupply and new LNG shipments
Crude oil prices declined on Monday, dragged down by U.S. dollar appreciation and pessimistic economic outlook in Europe and in Asia, but gained ground due to ongoing outages in Nigeria. Brent crude oil futures eased 19 cents, or 0.4 percent, to settle at $50.35 per barrel, while U.S. crude declined 19 cents, or 0.4 percent, to end at $48.88 a barrel.
read more... 14/06/2016