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Daily (05.01.2017): German spot electricity contract surges 85% on cold snap, decrease in wind supply
Crude oil prices rebounded about 2 percent on Wednesday on expectations that U.S. crude stockpiles will decline and on signs that the world's top oil exporters will cut the output as agreed, move that took effect this week. Global benchmark Brent crude futures boosted 99 cents, or 1.8 percent, to close at $56.46 a barrel. U.S. West Texas Intermediate crude futures rose by 93 cents to settle at $53.26 a barrel, also a 1.8 percent gain.
read more... 05/01/2017
EDF: Dunkirk LNG terminal goes commercial
On 1 January 2017, commercial operations were launched at the Dunkirk regasification terminal in northern France.
read more... 04/01/2017
Direct Energie completes the acquisition of a combined cycle gas turbine in Belgium
The group Direct Energie, third largest gas and power supplier in France, unveiled it completed the acquisition of the entire share capital of Marcinelle Energie, Belgian subsidiary of the Italian group Enel.
read more... 04/01/2017
Gazprom set to regain its share in Lithuania’s gas market in 2017
In the last days of 2016, the biggest Lithuanian gas buyers inked contracts with Russian giant Gazprom which is expected to surpass Norway’s Statoil in terms of the bulk of the country’s gas needs for 2017.
read more... 04/01/2017
Daily (04.01.2017): Oil plunges 2% pressured by U.S. dollar rally
Crude oil prices declined over 2 percent on the first trading day of 2017, reversing the 18-month highs attained in early trade as the U.S. dollar surged to its highest level since 2002 and traders took profits.
read more... 04/01/2017