Latest news
IEA: China to register the biggest increase in terms of renewable energy generation by 2035
According to a new report from the International Energy Agency, China is expected to see the largest absolute increase in output from clean energy, building more renewable power plants through 2035 than the U.S., EU and Japan combined.
read more... 28/11/2013
Daily: U.S. crude futures drop on ample inventories, Brent up on Libya unrest
U.S. crude oil futures dropped on Wednesday dragged down by higher-than-expected increase in stockpiles which weighted down prices, while unrest in Libya supported Brent. Brent crude boosted 43 cents to settle at $111.31 a barrel, after trading as low as $110.51 during the session. Meanwhile, U.S. oil settled down by $1.38 at $92.30, its weakest close since May 31, after declining to $91.77 earlier in the session.
read more... 28/11/2013
Daily: British prompt gas prices firm as Belgium halt tightens supply
Brent futures traded near $111 a barrel on Tuesday as supply concerns intensified again, with investors assessing the milestone deal between Iran and world powers would not result in an immediate increase in shipments from the OPEC member.
read more... 27/11/2013
UK: The Big Six energy firms increased their profits five fold
According to informations from Ofgem, UK’s energy regulator, the Big Six energy suppliers saw their profit margins in the supply of gas and electricity increase to 4.3% in 2012, in comparison to 2.8% a year before. The big six operators made £53 profit per household customer last year, compared to £30 in 2011.
read more... 26/11/2013
Daily: European power prices mixed on different weather conditions in France, Germany
The price of benchmark Brent crude oil increased for a second consecutive session on Friday on short-covering. London-traded Brent settled 97 cents higher at $111.05 after setting a six-week high of $111.40.
read more... 25/11/2013