Latest news
Daily: Brent crude climbs on civil wars worries in Ukraine
European benchmark, Brent crude posted a modest gain on Tuesday on news that a civil war is close to trigger in Ukraine. However the gains were curbed by forecasts of a resumption of oil exports from Libya.
read more... 16/04/2014
German utilities might get 2.2 billion euros tax reimbursements
The German government might refund country’s utilities in nuclear fuel taxes estimated at over 2.2 billion euro ($3.06 billion), according to the preliminary decision of the Hamburg court.
read more... 15/04/2014
Bilfinger declares will quit renewable energy group Desertec
Bilfinger is quitting the Desertec Industrial Initiative (DII), a German industrial conglomerate with a major goal to import solar and wind electricity from deserts, as stated on Sunday by a representative for the industrial services group.
read more... 15/04/2014
Cyprus receives four offers for temporary gas supplies
Cyprus has obtained four offers to provide the island with natural gas, a provisional solution for electricity generation before its own reserves appear, as stated on Monday by state company DEFA.
read more... 15/04/2014
Daily: European spot electricity prices jump on colder weather, weaker wind power supply
Brent crude oil boosted more than $1.50 on Monday as violence intensified in Ukraine and as Western powers decided to expand sanctions against Russia, while U.S. crude posted a modest gain on positive retail sales figures that gave assign that U.S. economy is rebounding.
read more... 15/04/2014