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Daily: Crude oil prices slightly up on improved demand perspectives
Crude oil prices boosted modestly on Friday, ending the week higher, after figures from top energy consumers the United States and China spurred the oil demand outlook. Brent crude futures rose 24 cents, or 0.5 percent, to close at $47.61. It eased as much as 1.5 percent earlier to a session low of $46.65 and boosted as high as $48.05. U.S. West Texas Intermediate (WTI) futures increased 27 cents, or 0.6 percent, to close at $45.95 a barrel. The intraday low was $45.05 and it attained a peak of $46.31 during the session.
read more... 18/07/2016
Engie will acquire electricity from Equitix renewable plant in Wales
French utility Engie will acquire all the power produced by Equitix's renewable energy electricity plant in Wrexham, north Wales, when it starts operations in 2018, as it declared on Thursday.
read more... 15/07/2016
Czech industry minister: Poland pipeline project could be saved
The Czech government will discuss with Poland to revitalize a gas pipeline project designed to link the Czech system to a Polish LNG terminal and increase supply security, as stated by Czech Industry Minister Jan Mladek on Thursday.
read more... 15/07/2016
EBRD and IFC purchase stakes in Turkish renewable energy producer
The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation declared on Thursday they have purchased stakes in Turkey's Akfen Renewable Energy to aid finance its plans to raise renewable energy capacity to 1 gigawatt.
read more... 15/07/2016
Daily: German power spot prices dropped on high wind load
Oil markets decreased by more than 4 percent on Wednesday, cutting most of the previous session's gain, since a raft of bearish U.S. inventory data intensified worries about a global surplus.
read more... 15/07/2016