Latest news
Daily: UK spot gas prices continue to be high on cold weather
Brent crude oil prices dropped deeper on Friday, as traders exited short positions ahead of a long holiday weekend in the Unites States, registering the largest weekly percentage decline in more than a month.
read more... 27/05/2013
Daily: UK spot gas increases to mid-winter levels on sharply supply cuts in Norway
Brent crude oil pared losses after having declined to a three week low on Thursday in a broader commodities selloff, dragged down by a late turnaround in U.S. equities to end flat.
read more... 24/05/2013
Eni carries off custumers of GDF Suez
Since 2011, Eni is the second largest gas supplier in France, with total gas deliveries of 74 TWh, representing 14% of the overall market share. GDF Suez still leads the French retail gas market but will have to work harder to maintain its residential customers. Daily, about 500 French consumers sign up contracts with Italian company Eni.
read more... 23/05/2013
Daily: Crude oil declines on U.S gasoline surplus
Crude oil prices dropped on Wednesday following an increase in U.S. gasoline stocks which prompted selling, then crude oil extended losses in late trading after U.S. equities fell in choppy trading, dragged down by the Fed released minutes of its April 30-May 1 meeting.
read more... 23/05/2013
Poland will not apply taxes on shale gas production by 2020
After several foreign companies, as Exxon Mobil, Canada’s Talisman Energy and US oil firm Marathon, quit the Polish market in the past few months, the finance minister, Jacek Rostowski, has announced that Poland will not tax shale gas production until 2020 and will improve regulation, in a move which aims to attract energy explorers.
read more... 23/05/2013