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UK record: Almost 15% of electricity generated from renewables in 2013
The statistics from the Department of Energy and Climate Change (DECC) showed that electricity generation from renewable sources increased by 30% in 2013 compared to the previous year, and accounted for almost 15% of the electricity mix.
read more... 01/08/2014
Daily: European power prices increase on further sanctions concerns against Russia
Crude oil declined on Monday on signs of supplies surplus of North Sea and West African crude and as sluggish demand in Europe and Asia counterbalanced fears of intensifying tensions in Ukraine and in the Middle East. Brent crude for September delivery fell 82 cents to settle at $107.57 a barrel, after hitting a low of $107.01 earlier in the session. WTI crude futures for September delivery dropped 42 cents to settle at $101.67, rebounding from an intraday low of $100.90.
read more... 29/07/2014
Total: assets acquired by South Africa’s Exxaro for $472 million
Mining conglomerate Exxaro Resources declared on Monday it had purchased the South African coal assets of France's Total for $472 million, increasing its production and offering it extra capacity at the world's major export terminal.
read more... 29/07/2014
Daily: Brent crude reverses losses on worsening relations between Russia and the U.S.
Brent crude curbed previous losses to rebound over $1 a barrel on Friday on worsening relations between Russia and the United States increased fears of supply disruptions in the market. Brent crude for September delivery climbed $1.32 to settle at $108.39 a barrel, the highest settlement price since July 10. U.S. crude for September delivery boosted 2 cents to close at $102.09 a barrel, after declining as low as $101 a barrel earlier in the session.
read more... 28/07/2014
Daily: Crude oil prices decline on unseasonably gloomy demand, crude and refined products ample supplies
Crude oil futures dropped on Thursday as unseasonably gloomy demand and ample supplies of crude and refined products compensated strong Chinese manufactory data which in July posted its fastest growth in 18 months. Brent crude for September delivery declined 96 cents to settle at $107.07 a barrel, after closing 70 cents higher on Wednesday, while the American benchmark, WTI crude fell $1.05 to close at $102.07 a barrel, after increasing 73 cents in the previous session. The spread between the two benchmarks settled at $5.
read more... 25/07/2014