Latest news
Russia doubles LNG exports as incomes grow three times
In the first two months of the current year, exports of liquefied natural gas (LNG) from Russia doubled compared to the same period in 2017 to five million cubic meters.
read more... 10/04/2018
Daily (05.04.2018): French day-ahead power price hiked by 13.6% on Wednesday due to higher demand
Oil prices decreased on Wednesday, mainly due to China’s proposals for a series of tariffs on U.S. exports.
read more... 05/04/2018
Daily (30.03.2018): NBP spot gas price surged by 5 % due to an undersupplied system
Oil prices climbed by around 1% on Thursday buyout by bullish equities markets and due to strong compliance on supply reductions from members of The Organization of the Petroleum Exporting Countries (OPEC) and partners like Russia.
read more... 30/03/2018
Daily (26.03.2018): German spot electricity price tumbled by 21.7% on Friday due to higher wind generation
Oil crude prices jumped on Friday, hitting their peak since late January after the Saudi energy minister declared OPEC and allied producers would manage supply cuts into 2019, and because of increased worries about the future of Iranian crude exports.
read more... 26/03/2018
Nigeria is now the biggest petrol importer globally
Nigeria is the single member country in the Organisation of Petroleum Exporting Countries, OPEC, that imports petroleum, mentioned by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, at the 2018 Oloibiri Lecture Series (OLEF) in Abuja.
read more... 02/03/2018