Latest news
UK received LNG from Qatar
UK has received a liquefied natural gas shipment from Qatar, because of dwindling gas supplies due to the unseasonably severe March weather which continues to put increasing demands on the National Grid. Two more shipments from Qatar are due in the coming week.
read more... 26/03/2013
Daily: European spot power prices increase on cold snap
Crude oil futures increased on Monday in choppy trading after a bailout deal for Cyprus improved the sentiment for fuel demand in the euro zone. Meanwhile, Brent May crude traded up 51 cents to settle at $108.17 a barrel, having traded from $106.80 to $109.07. U.S. May crude rose $1.10 to settle at $94.81 a barrel, above the 50-day moving average at $94.38 and having hit $95.65 during the session. Brent's premium to U.S. crude settled lower at $13.36 a barrel based on settlements, with the spread narrowing to $12.85 during the session, the narrowest since early July.
read more... 26/03/2013
Daily: British wholesale gas near record high on cold snap, depleted storages
Brent and U.S. crude oil futures dropped on Thursday on Cyprus struggle to raise billions of euros to qualify for a bailout and to avoid bankruptcy, move that refreshed worries about the perspectives for petroleum demand in Europe. Brent crude for May delivery dropped $1.25, or 1.15 percent, to settle at $107.47 a barrel, having traded from $107.08 to $108.75. Meanwhile, U.S. May crude declined $1.05, or 1.12 percent, to settle at $92.45 a barrel, having traded from $91.84 to $93.53.
read more... 22/03/2013
Daily: European power curve down on higher temperatures
Brent crude futures increased above $109 a barrel on Friday on positive U.S. jobs data which raised hopes of a better outlook for demand in the world's top oil consumer, while increased concerns over supply from the Middle East added support.
read more... 15/03/2013
Solar PV demand up 2 GW in 2013
According to a new report offered by NPD Solarbuzz, the global solar photovoltaic (PV) demand is estimated to increase by 2 GW, reaching 31 GW in 2013. A large amount of the 2 GW will come as a result of strong demand from the Asian markets, where almost 50% of increase will be registered, in countries as China, India and Japan, leading to a capacity addition of around 11 GW in 2013
read more... 15/03/2013