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Daily: British prompt gas prices ease as Ukraine political risk lessens
Crude oil increased considerably on Friday, with Brent and U.S futures registered their first monthly gains since June, spurred by growing demand forecasts and supply outages. Brent crude boosted $2.53 to close at $62.58 a barrel, with its February’s 18 percent gain the largest monthly percentage increase since May 2009. WTI crude increased $1.59 to settle at $49.76, posting a 3.1 percent February gain.
read more... 02/03/2015
Lithuania inks non-binding agreement for U.S. LNG
Lithuanian liquefied natural gas (LNG) importer Litgas has inked a non-binding deal to acquire LNG from the United States' first export terminal, as stated by the company on Saturday.
read more... 02/03/2015
Britain: decline of coal—fired power generation to five-year low in 2014
Britain's coal-fired power generation last year dropped to a five-year low, according to government data showed on Thursday, signifying it was possible that power plant emissions of carbon dioxide (CO2) in the EU's second major carbon polluter also declined.
read more... 27/02/2015
Daily: Crude oil fell sharply on increasing U.S. stockpiles
Crude oil futures dropped considerably on Thursday as increasing stockpiles in the United States pressured both Brent and WTI and countered expectations for rebounding demand. Brent crude for April delivery decreased by $1.58, or 2.56 percent, to settle at $60.05 a barrel, off a $62.63 intraday peak. On Wednesday, Brent rallied 5 percent. U.S. crude for April delivery declined by $2.82, or 5.53 percent, to close at $48.17, after soaring 3.47 percent on Wednesday.
read more... 27/02/2015
Bulgaria abandons incentives for new renewable energy installations
Bulgaria's parliament abandoned privileged prices for new renewable energy installations on Thursday since the country is trying to reduce deficits in the energy sector and maintain a cap on consumers' utility bills.
read more... 27/02/2015