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Daily: Crude oil prices rocket to 2015 high on Yemen turmoil
Crude oil prices soared to new 2015 peaks on Thursday, buoyed by news that tribal group made up of former Al Qaeda militants seized control of a major southern oil terminal in Yemen. Brent crude for June delivery boosted 66 cents to settle at $63.98 a barrel, rebounding from a $62.00 low and hitting a 2015 peak for front-month Brent of $64.95. WTI crude for May delivery climbed 32 cents to settle at $56.71, hitting a 2015 high of $57.42 after recovering from a $55.07 intraday low.
read more... 17/04/2015
E.ON declares it could float Turkish electricity producer Enerjisa
E.ON declared it could float Turkish electricity producer Enerjisa, of which it possesses 50 percent.
read more... 17/04/2015
Germany’s EWE purchases VNG shares from Gazprom
German utility EWE will acquire shares in eastern German gas transmission firm VNG from Russia's Gazprom to increase its stake to 74.2 percent, as it stated on Wednesday.
read more... 16/04/2015
Norway suggests electricity utility unbundling
Norway wishes utilities to split their distribution and production operations, in a step towards grid consolidation, as stated by the oil and energy ministry on Wednesday.
read more... 16/04/2015
Daily: Crude oil prices rally, with WTI at 2015 peak
Crude oil prices soared on Wednesday, with WTI hitting a 2015 peak after government figures indicated crude oil stockpiles in the United States boosted less than expected last week. Expiring front-month May Brent contract jumped $1.89 to settle at $60.32. Brent crude for June delivery rose by 3.51 to close at $63.32. U.S. crude for May delivery climbed $3.10 to settle at $56.39 a barrel, highest level of the year.
read more... 16/04/2015