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British energy firms are forced to give 30 days’ notice of price hikes
Starting from yesterday, the British energy companies have been forced to give customers 30 days advance warning of future price hikes, said energy regulator Ofgem.
read more... 29/04/2011
Daily energy Overview, Thursday, April 28, 2011
U.S. crude futures increased on Wednesday after the Federal Reserve indicated that the U.S. central bank is in no hurry to tighten its monetary policy saying it will maintain extremely low U.S. interest rates. U.S. crude for delivery in June traded at 112.76 dollars a barrel, up 55 cents.
read more... 28/04/2011
Daily energy Overview, Wednesday, April 27, 2011
U.S. crude oil futures traded down on Tuesday in the post-settlement trading after the American Petroleum Institute data indicated a higher than expected increase in domestic crude inventories in the previous week. U.S. crude for delivery in June traded at 111.83 dollars, down 45 cents. Meanwhile, ICE Brent crude oil futures went slightly up on Tuesday on investors’ expectations for any notification of a change in the monetary policy from the U.S. Federal Reserve. ICE Brent crude for delivery in June valued 124.14 dollars, up 48 cents.
read more... 27/04/2011
DONG joins to Gazprom in a power deal
Denmark's DONG Energy and Russia’s giant Gazprom signed on Tuesday an agreement to establish cooperation in gas-fired power generation in Europe.
read more... 27/04/2011
Daily energy Overview, Tuesday, April, 26, 2011
Oil prices decreased on Monday in poor trade, with U.S crude for delivery in June traded at 111.74 dollars a barrel, down 55 cents, by 14:02 GMT, while ICE Brent for June delivery traded at 123.11 dollars a barrel, down 88 cents.
read more... 26/04/2011