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Daily: British prompt gas prices decline on stronger flows, a supply glut in the system
Crude oil closed down for a second consecutive session on Monday as Iran and six world powers accelerated the pace of negotiations to reach a nuclear deal with Tehran that could ease Western sanctions and allow OPEC member to carry crude into an already flooded market. Benchmark Brent oil declined 12 cents to settle at $56.29 a barrel, after slipping $1.21 earlier. WTI crude dropped 19 cents to settle at $48.68, having fallen by $1.26 earlier.
read more... 31/03/2015
Daily: Oil prices plunge 5 % as investors turn their attention to talks for a potential Iran nuclear deal
Crude oil prices declined 5 percent on Friday, wiping out the previous session’s gains, since it was less probable that Yemen’s conflict will cut Middle East crude shipments and investors turned their attention to talks for a potential Iran nuclear deal that could add supply on the market. Benchmark Brent and U.S. crude oil traded most of the session in a tight range, down about 2 percent, but they dropped considerably in late trading. Brent declined by $2.78 to settle at $56.41 a barrel. WTI crude slipped $2.56 to close at $48.87.
read more... 30/03/2015
NextEnergy purchases £18 million PV plant
NextEnergy Solar Fund has inked a £17.8 million deal to acquire the 16.5MW Croydon solar plant in England.
read more... 30/03/2015
Next allocation round of UK renewable support agreements to begin on October 21
Britain's following allocation round of investment deals under a new renewable energy backing scheme will start on October 21, as stated by Energy and Climate Change Secretary Ed Davey on Tuesday.
read more... 26/03/2015
Denmark: increasing wind power will need more links
Boosting wind power further in Denmark will need to institute more international connections to aid deal with the volatility in supply from turbines, as stated by transmission system operator Energinet.dk on Friday.
read more... 23/03/2015