Latest news
Daily: Crude oil prices gain ground amid concerns over Middle East turmoil
Crude oil prices rebounded on Monday as a robust global demand compensated a strong dollar, although a holiday in the United States and much countries of Europe reduced the trading activity. Crude oil was also spurred by signs that U.S. supply is easing and by fresh worries that violence in the Middle East will aggravate. U.S. crude stockpiles have declined for three consecutive weeks after having rallied to record highs last month.
read more... 26/05/2015
Engie might take a stake in Areva
French gas and electricity firm Engie might take a stake in nuclear company Areva to form a large international group dealing with nuclear maintenance and services, as stated by its chief executive on Saturday.
read more... 26/05/2015
Romania will forward oil and gas royalty tax law to parliament in September
Romania's government will forward a draft law on royalty taxes for the oil and gas sector to parliament in September, as declared by Deputy Finance Minister Dan Manolescu to an energy seminar on Monday.
read more... 26/05/2015
Solarworld desires EU duties on Chinese solar goods prolonged
German solar maker SolarWorld will apply to the European Commission for a prolongation of duties on Chinese panel imports that should finish this year, as stated in the weekly Euro am Sonntag.
read more... 25/05/2015
Daily: European forward power price rebound, while spot decline ahead of holiday in Germany and France
Crude oil prices declined by about 2 percent on Friday, spurred by a rallying dollar at a near one-month high and by profit-taking ahead of a long U.S. holiday weekend. North Sea Brent oil decreased by $1.17, or 1.8 percent, to settle at $65.37 a barrel. Brent fell 2.1 percent on the week. WTI crude fell $1.17 or 1.7 percent, to close at $59.72. It posted a 3 cents increase for the week, prolonging weekly gains for a 10th consecutive week.
read more... 25/05/2015