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Daily: European prompt electricity prices as supply increases, German demand stable
Oil prices increased on Thursday, sustained by a drawdown in U.S. crude inventories even though weak China data and worries about excess oil supply limited price gains.
read more... 21/05/2015
Gazprom and CNPC ink a deal for western route
Gazprom and PetroChina signed a deal on Friday on the basic conditions of gas supplies from Russia to China through the western route.
read more... 11/05/2015
China’s crude oil imports rally to a record high in April
China, the world's second-largest crude oil buyer, registered a record high in its crude oil imports in April at 7.37 million barrels per day (bpd), as demand remains robust amid declining prices, encouraging stockpiling, according to data from the General Administration of Customs. In April, China imported a higher-than-expected 30.29 million tonnes of crude oil, while on a daily basis, April imports were up 13 percent compared with March.
read more... 08/05/2015
UK at the 3rd place in the world in terms of utility-scale installations
The United Kingdom ranks on the third place in terms of utility-scale solar installations, surpassing India and Germany and below the United States and China, according to Wiki-Solar, which conducted the research.
read more... 04/05/2015
Daily: Crude oil prices hit the highest settlement in 2015 on Yemen concerns
Crude oil prices rallied by 3 percent on Thursday, touching 2015 highs, buoyed by continued tensions in the Middle East as well as by hopes for stimulus measures in China. The depreciation of dollar also supported oil prices. Brent crude hit its highest settlement of this year, climbing above $64 a barrel. U.K. North Sea Brent, a global benchmark for oil rose by $2.12, or 3.3 percent, to close at $64.85 a barrel. U.S. crude boosted $1.58, or 2.8 percent, to settle at $58.02 a barrel. Its session peak of $58.41 was a 2015 high.
read more... 24/04/2015