Latest news
Spain’s recovery in power consumption
National grid operator, REE, announced that the electricity demand in Spain increased by 5.8% in April compared with the same month in 2009, after a 4.5% rise in March.
read more... 03/05/2010
Gazprom’s activity on the electricity market
Gazprom, Russian’s biggest gas supplier, intends to make modifications in its portfolio by changing its assets with those of energy sector investors, including and those of Finland's Fortum, in order to regroup all its energy units in one big utility.
read more... 30/04/2010
Gasoline price unstable
Crude oil cracking margins decreased to $8 per barrel, being influenced by the gains registered as result of gasoline sale, which prices jumped back above $ 800 per ton.
read more... 30/04/2010
PPL is buying an E.ON unit
The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.
read more... 29/04/2010
The coal market in Europe
The coal prices decreased on Tuesday by 2 dollars as consequence of the sales made by several banks on Monday. According to traders and utilities, it was a necessity to reduce prices from the level of 100 dollars per ton for the punctual South African cargoes, because of the rapid increase.
read more... 29/04/2010