Latest news
UK needs shale gas more than ever
Recent projections made by the government foresee that natural gas demand is estimated to amount to 78.8 billion cubic meters by 2030, with the country’s reliance on imported gas is set to reach 70-75% by that period.
read more... 13/08/2013
IEA: global oil demand growth to slow in 2014
In its most recent Oil Market Report, the IEA has reduced its 2014 growth estimates for oil demand by 100,000 barrels per day, down to 1.1 million barrels per day, due to weaker than expected economic growth.
read more... 12/08/2013
Daily: U.S. crude oil up on supply disruption concerns
U.S. crude oil futures ended considerably higher on Friday, reversing five days of losses in the largest one-day percentage gain in a week following signs of increasing Chinese demand and concerns about supply disruptions in the North Sea and the Middle East. Brent crude recovered from closing at its lowest level in more than a month in the previous session, but the trading was more active in the New York market.
read more... 12/08/2013
IEA: Coal demand will continue to grow in the next years to come
According to a new report recently released by the International Energy Agency (IEA) coal could become the world's top energy source by 2017 along with oil. The IEA expects an increase in coal demand all over the world except the US, where natural gas is replacing the black mineral as feedstock for the production of electricity.
read more... 09/08/2013
Daily: European power trades lower on weaker demand, high hydro output
Brent crude futures fell on Wednesday towards $108, declining for a fourth consecutive day, as supply fears eased and on caution ahead of China and U.S. data.
read more... 08/08/2013