Latest 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
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
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
Daily: Crude oil futures mixed amid lower drilling activity in the US and Yemen conflict
Crude oil futures were mixed on Friday amid declining US drilling activity and as the continuing turmoil in Yemen intensified concerns about eventual supply disruptions in the Middle East. Brent crude for June delivery increased by 43 cents, or 0.7%, to settle at $65.28 a barrel on 24 April, trading at its highest levels since December 2014. WTI crude for June delivery decreased 59 cents, or 1%, to close at $57.15 a barrel on 24 April.
read more... 27/04/2015
Poland: PKN supplies Iran’s gas condensate for its refinery
Poland's major oil refiner PKN Orlen has supplied a gas condensate cargo of Iranian origin for its Mazeikiai refinery in Lithuania, as stated by traders on Friday.
read more... 27/04/2015