Latest news
Daily Energy Overview, Tuesday, March, 22, 2011
U.S. and Brent crude oil futures traded higher on Monday following the U.N. mandated airstrikes in Libya and the lasting unrest in the Middle East countries.
read more... 22/03/2011
Daily Energy Overview, March, Monday, 21, 2011
U.S. and Brent crude oil prices decreased by over 1 dollar on Friday in volatile trading following news concerning Libya’s president to accept the U.N. resolution in order to cease the military actions against the rebels. U.S. crude for April delivery shed 75 cents to 100.67 dollars a barrel, trading range being from 100.38 to 103.66 dollars, while the ICE Brent crude for May delivery traded 1.02 dollars down at 113.88 dollars a barrel at 12:47 GMT, registering a tradeing range from 113.07 to 117.29 dollars.
read more... 21/03/2011
Daily Energy Overview, Friday, March, 18, 2011
U.S. crude oil stockpiles raised more last week as it was predicted, following increase in imports, while gasoline and distillates stocks decreased.
read more... 18/03/2011
The European Investment Bank will grant funds for the construction of a gas plant in France
The European Investment Bank and POWEO Toul Production S.A.S, an indirect subsidiary of VERBUND AG, announced they sealed a €165 million finance contract for the building and exploitation of a 413 MW Combined-Cycle Gas Turbine (CCGT) power plant at Toul, in Eastern France.
read more... 18/03/2011
Higher prices for energy bills in UK on Japanese and Libyan crisis
Following a sharp increase in the wholesale price of gas, supported by the Japanese disaster and political unrest in North Africa, the British households and businesses will be hit by a rise of their bills for gas and electricity.
read more... 18/03/2011