Latest news
Scottish government gives the green light to a new wave of offshore wind projects
The Scottish government has given the green light for the development of the four offshore wind power plants, which could generate enough electricity to supply over 1.4 million of households.
read more... 21/10/2014
Daily: British wholesale natural gas prices slip on warmer temperatures, curbed demand
Brent crude dropped on Monday, falling below $86 a barrel as concerns about oversupply and weak demand dragged down worldwide oil benchmark back to last week’s four-year low. WTI crude hovered below $83 a barrel. Brent settled as low as $84.41, after having dropped 69 cents at $85.47 a barrel by 1945 GMT. U.S. crude declined 4 cents to close at $82.71 a barrel. The spread between Brent and U.S. crude extended at $3.39 a barrel.
read more... 21/10/2014
EU could intercede to guarantee gas supply if Russian flows are halted
European Union authorities could intercede to avert gas shortages this winter in case the Ukraine crisis leads to disruption to flows from Russia.
read more... 17/10/2014
Daily: Brent crude loses ground on concerns over global economy, supply
Brent stroke below $90 a barrel on Thursday for the first time since the summer 2012, dragged down by pessimistic outlook and increasing oil stockpiles curbed energy prices. Brent crude for front-month delivery decreased $1.33 to settle at $90.05, its weakest settlement since June 2012. WTI crude for November delivery closed at $85.81, its lowest level since December 2012, and continued to slip in post-settlement trading to $85.02.
read more... 10/10/2014
Norway: Statoil signs deal to vend gas to Ukraine’s Naftogas
Norwegian energy company Statoil has inked an agreement to vend gas to Ukraine state gas firm Naftogaz, according to the Nordic company on Friday, supplying another source of gas for Ukraine after Russia’s halt of supplies.
read more... 06/10/2014