Latest news

Global investors initiate a lawsuit of $1.9 billion against Norway

An Oslo court began to hear a lawsuit of $1.9 billion by a group of international investors against Norway on Monday, in a situation that challenges the country's reputation as an expectable place to do business with little political risk.

read more... 28/04/2015

news

New EU proposal suggests to launch carbon market reform on January 1, 2019

A new proposal from Latvia, holder of the EU presidency, puts forward a date of January 1, 2019 to launch reforms of the Emissions Trading System (ETS), as part of efforts to close a compromise agreement, according to EU sources.

read more... 28/04/2015

news

Daily: European prompt power prices firmed on forecasts for colder weather

Crude oil ended lower on Monday as robust supply compensated support from the conflict in Yemen and the declining number of U.S. rigs drilling for oil made traders hesitant after prices reached 2015 peaks last week. Brent crude for June delivery dropped 45 cents to close at $64.83 a barrel, having oscillated from $64.40 to $65.61. European benchmark hit the highest level in 2015 at $65.80 on Friday. WTI crude eased 16 cents to settle at $56.99, having fluctuated from $56.52 to $57.89. It hit a 2015 peak of $58.41 last Thursday.

read more... 28/04/2015

news

New name for the French gas giant GDF Suez

French gas utility GDF Suez declared on Friday it was modifying its name to "Engie" to reflect a progressing energy sector and the group's increasing contribution to renewable power, marking a break from its previous state monopoly past.

read more... 27/04/2015

news

UK wind registered a record high of 4.6 GW in Q1

UK wind generation registered a record of 4.6GW in the first quarter of 2015, as indicated in a report.

read more... 27/04/2015

news