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Daily: European spot power prices diverge on weaker French nuclear, stronger German wind output
Crude oil futures boosted on Tuesday on evidence of declining oil production in North Dakota, depreciation of dollar and turmoil in the Middle East, especially in Yemen. Brent crude firmed by 50 cents to settle at $58.43 a barrel, ahead of Wednesday's May contract expiration, closing just above its $58.40 100-day moving average. WTI crude for May delivery climbed $1.38 to close at $53.29, soaring above its 100-day moving average of $52.96.
read more... 15/04/2015
Russia’s Gazprom will make an extra investment of $4 billion in Asia push
Russia's major producer of natural gas, Gazprom, intends to raise its 2015 investments by minimum $4 billion to accelerate plans to forge closer connections with Asia, as declared by Chief Executive Alexei Miller on Tuesday.
read more... 15/04/2015
Spain’s Criteria envisages sale of 4% in Gas Natural
Spain's Criteria, the parent company of lender Caixabank, is envisaging the sale of 4 percent of energy firm Gas Natural, as stated by a source familiar with the matter on Tuesday.
read more... 15/04/2015
Lithuania thinks about re-exporting LNG since Russian gas becomes cheaper
Lithuania is envisaging to permit its liquefied natural gas import terminal to re-export LNG to global markets during summer when local demand drops, as stated by the facility's operator on Monday.
read more... 15/04/2015
Total’s Danish shale gas project blocked by Greenpeace
Greenpeace activists climbed a shale gas drilling rig run by Total in Denmark on Monday, and the French energy firm has requested police for help, as declared by an official at Total Denmark.
read more... 14/04/2015