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Daily: French spot power prices increase on higher consumption due to hot weather
Crude oil prices declined over 2 percent on Monday, with WTI crude reaching a three-month low, on intensifying concerns that a global oversupply of oil and refined products would put pressure on markets, postponing a long-awaited rebalance in the market. U.S. crude lost $1.06 to settle at $43.13 a barrel, after hitting a three-month low of $42.97 during the session. Brent crude futures closed the session down 97 cents at $44.72 a barrel, after hitting their weakest level since May 10 at $44.55.
read more... 26/07/2016
Post-Brexit boost since Veolia promises investment
Veolia has decided to go on with its investment drive in the UK in spite of the political insecurity created by the country’s exit from the European Union.
read more... 26/07/2016
KfW: Germany establishes new solar storage record
With the most photovoltaic capacity of any country in Europe, Germany has succeeded to store its excess solar power to bolster local usage.
read more... 25/07/2016
Total signs long-term LNG supply agreement with Japanese company
A French multinational oil and gas firm, Total, inked a deal with a Japanese energy company Chugoku Electric for liquefied natural gas (LNG) supply for 17 years starting from 2019, according to the declaration of the French company on Friday.
read more... 25/07/2016
SSE energy mix dominated by gas and oil power
Unfavorable weather conditions and a weak economy facilitated more electricity share from gas and oil fired power plants in the SSE portfolio from April to June.
read more... 25/07/2016