Latest news
UK-France electricity connection capacity halved to end of February
Electricity flows via the electricity link connecting Britain and France will be reduced by 50 percent until the end of February because of cable damage, National Grid declared on Tuesday.
read more... 30/11/2016
Daily: Crude oil plunges nearly 4% on doubts aver OPEC output reduction
Crude oil prices decreased by about 4 percent on Tuesday as OPEC’s top oil exporters struggled to agree on a deal to limit production in order to increase prices, with Iran and Iraq in dispute with Saudi Arabia a day ahead of the meeting. Brent futures lost $1.86, or 3.9 percent, to close at $46.38 a barrel, while U.S. crude shed $1.85, or 3.9 percent, to end at $45.23. That was the largest daily percentage decline for Brent since September.
read more... 30/11/2016
Maersk, Dong Energy mull $10 bln oil merger
Danish companies Maersk and Dong Energy envisage a $10 billion merger of their oil and gas operations to shore up their defenses against low oil prices.
read more... 29/11/2016
Gazprom receives greater access to German Opal gas pipeline
German energy watchdog has given the green light of Gazprom’s subsidiaries to have greater access to the Opal pipeline.
read more... 29/11/2016
EDF’ s Edison will acquire Eni’s Italian energy retail business
Italian energy group Edison, a unit of French utility EDF is interested in acquiring oil company Eni’s retail business.
read more... 29/11/2016