Latest news
The EIB has granted Spain a €475m loan for power grid upgrade
The European Investment Bank (EIB) has granted to Spain’s Gas Natural Fenosa a 475 million euro loan for upgrading its power grid. The loan have the objective to support utility firm Gas Natural Fenosa’s four-year programme of investment in upgrading and expanding the overhead distribution network, laying underground cables and building substations.
read more... 16/07/2013
Daily: UK gas prices increase on lack of Dutch imports
Brent crude traded around three-month high on Thursday, backed by the expectations that the Federal Reserve will keep its stimulus programme to support the U.S. economy, while a considerable decline in crude stocks pushed U.S. oil to near 16-month peaks.
read more... 12/07/2013
Nuclear Power in France
France has decided to launch a great nuclear program in 1973, when the quadrupling of the price of oil by OPEC nations was a shock for France because at that time, most of its electricity came from oil burning plants, this was the Middle East event that they refer to as the "oil shock."
read more... 04/07/2013
The EU Parliament votes in favor to boost emission-permit prices
After months of debates the European Parliament has finally voted in favor of revamping its carbon-trading program, approving a plan intended to restore financial incentives for shifting away from fossil fuels and towards renewable energy.
read more... 04/07/2013
Daily: European coal posts a slight recovery along with other markets
Brent crude oil futures increased above $103 a barrel on Friday, registering the first monthly hike in five months, after comments from Federal Reserve governors that the Fed is not hurrying to scale back its massive bond-buying program. Meanwhile, Brent crude oil futures added 18 cents to $103 a barrel by 02:51 GMT, after dropping to a session low of $102.44 earlier as investors sold off gains from the previous session. U.S. crude oil increased 11 cents to $97.16 a barrel.
read more... 01/07/2013