Latest news
Daily: Crude oil prices fell amid stronger dollar, supply glut in U.S.
Crude oil prices eased on Friday as the dollar redressed and as an oversupply in the United States overtook worries about declining production from Libya.
read more... 29/12/2014
Russia expects Ukraine power supply agreement by end-2014
Russian Energy Minister Alexander Novak declared on Tuesday he expected to settle an agreement on electricity supply from Russia to Ukraine by the end of 2014.
read more... 24/12/2014
Kollsnes outage seen reducing Norway gas production by 13 MCM/day on Tuesday
Norway's gas production dropped by 13 million cubic metres per day (mcm) on Tuesday since Kollsnes gas processing plant, the country's largest, was closed on Monday because of external electricity supply loss, as stated by Norwegian gas system operator Gassco on Tuesday.
read more... 23/12/2014
UK: $1.6 billion to be paid by households for backup electricity plants
British households will pay approximately 1 billion pounds ($1.6 billion) to aid assure the country's power supply in 2018/19, after a government public sale decided who will offer reserve electricity capacity.
read more... 22/12/2014
Daily: Crude oil prices post a new decrease after a brief recovery
Global crude oil prices posted a fresh decrease on Thursday, a day after a short-covering gain, as traders bet again that the market would resume a six-month rout on concerns about a supply glut. Brent and U.S. crude slumped 2$ a barrel each in late trading after initially extending Wednesday's short-covering. Brent's front-month contract eased $1.91 to settle at $59.27 a barrel, after reaching a session low at $59.17. U.S. crude's front-month contract slipped $2.36 to close at $54.11, having fallen to $54.05 earlier.
read more... 19/12/2014