Prompt South African coal cargo prices increased by 75 cents on Friday, despite a low demand this week in Europe and Asia. However these prices have been traded higher this week in order to maintain the actual level of the market, while new consumers will appear in the next quarter.
read more... 21/09/2010
The Spain-based company Gamesa, will triple its investment in China in the next 2-3 years, to expand its facilities in the country. The Spanish company already invested around 42 million Euro in 2009 and plans to invest a further 90 million by 2012, to meet the rising demand of China’s growing wind energy industry.
read more... 17/09/2010
The power demand in Italy for August month dropped 2.5% arriving at 24.7 billion KWh, caused by cooler weather, according to the Italian grid operator Terna on Monday.
read more... 08/09/2010
Gas prices in Britain dropped after the aggressive selling of the contracts, according to the traders, and because of the weak demand in the nearby markets, since the news release about the delay of the Swiss-Italian connection Transitgas until the end of 2010.
read more... 26/08/2010
Oil price drops below $81 per barrel on weakening demand from US and China economies, the largest oil consumers. China July imports fell 17 percent comparing to June.
read more... 11/08/2010