Latest news
Daily: Crude oil rallies for a second consecutive day on U.S. inventory draw; gasoline at 7-month high
Oil hiked for a second straight day on Wednesday, with U.S. crude approaching to a one-month high and gasoline reaching its highest price since November, as a considerable U.S. stocks drawdown increased the outlook for summer fuel demand. U.S. crude inched up $1.29, or 2.1 percent, to close at $61.43 barrel, after touching a May 13 high of $61.82. Brent crude settled at $65.70, up 82 cents, or 1.3 percent. Its session peak was $66.36.
read more... 11/06/2015
China to remain the world’s largest market for annual solar installations in 2015
China will keep its leadership position in terms on annual solar installations, adding more than 17.6 GW of photovoltaic (PV) capacity by the end of 2015.
read more... 11/06/2015
E.ON Russia will discuss new agreement on gas acquirements from Rosneft
E.ON Russia intends to discuss inking a new gas-purchase contract with Russian state oil firm Rosneft, E.ON's Russian division declared on Tuesday.
read more... 10/06/2015
World’s first tidal lagoon power project approved by Britain
Britain has given planning authorization for a 1 billion pound ($1.5 billion) tidal lagoon project in Wales able to produce sufficient electricity to power approximately 155,000 households, as stated by the Department of Energy and Climate Change (DECC) on Tuesday.
read more... 10/06/2015
Daily: UK day-ahead gas prices tumble on UK-Belgium gas pipeline Interconnector closure
Crude oil prices recovered on Tuesday, spurred by expectations of a sixth consecutive weekly decline in U.S. crude supplies and dollar depreciation. The price of light sweet crude (WTI) for delivery in July rose $2, or 3.4%, to settle at $60.14 a barrel on the New York Mercantile Exchange. Brent crude boosted $2.19, or 3.5%, to close at $64.88 a barrel on ICE Futures Europe.
read more... 10/06/2015