Latest news

Daily: British spot gas prices firm after an outage at a Norwegian gas-processing plant

Crude oil futures declined more than 1 percent on Wednesday after a government report indicating an eight consecutive weekly draw in U.S. crude inventories was offset by a considerable increase in refined products. Brent futures fell 96 cents, or 1.5 percent, to settle at $63.49 a barrel. U.S. crude tumbled 74 cents, or 1.2 percent, to close at $60.27.

read more... 25/06/2015

news

Dutch court orders government to cut carbon emissions at a faster pace

Dutch court ordered the government on Wednesday to speed up the pace of greenhouse gas emissions cuts to tackle climate change.

read more... 25/06/2015

news

Germany’s Wintershall Norge receives drilling permit in Norwegian North Sea

The Norwegian Petroleum Directorate has granted Germany’s Wintershall Norge AS a drilling permit for well 10/4-1 in the south-eastern part of the North Sea.

read more... 24/06/2015

news

E.ON intends to close down two nuclear reactors at Oskarshamn power plant in Sweden

German energy group E.ON said Tuesday it envisages decommissioning two of three nuclear reactors at OKG Aktiebolag’s Oskarshamn power plant in Sweden, blaming low profitability.

read more... 24/06/2015

news

Daily: European forward power prices rally to seven-week high on stronger gas, coal price, upbeat macroeconomic data

Crude futures increased by about 2 percent on Tuesday, with the bounce attributed to technical price triggers, expectations for a weekly decline in U.S. crude supplies and gasoline demand. However, a stronger dollar did little to temper the hike. Brent crude futures rose by $1.11, or 1.8 percent, to close at $64.45 a barrel. U.S. crude futures closed at $61.01, up 63 cents, or 1 percent.

read more... 24/06/2015

news