Latest news
Daily: British prompt gas plunge on ample supply
Crude oil prices rallied on Monday as the West increased pressure on Russia over its involvement in the downing of Malaysia passenger jet last week. Brent crude for September delivery increased by 44 cents to settle at $107.68 a barrel. Prompt U.S. oil for August delivery boosted by $1.46 to close at $104.59 a barrel, as traders rushed to cover positions ahead of Tuesday's expiration. WTI price for September delivery soared 91 cents to settle at $102.86 a barrel.
read more... 22/07/2014
France: EDF to lower electricity tariffs for most energy-intensive factories
French electricity giant EDF has agreed to curb electricity prices for the country’s most energy-intensive factories to make them more competitive than their counterparts in Germany and North America, where power prices are lower.
read more... 22/07/2014
Tullow Oil quits its Lupus exploration well in Norway
Tullow Oil PLC unveiled it had stopped up and quitted its Lupus exploration well in the Norwegian North Sea blaming its failure to find any hydrocarbons. The well is 35km south-east of the Oseberg Sor Field and 110km west of the island of Sotra in the North Sea.
read more... 21/07/2014
Gamesa to supply 220 MW of turbines to five wind farms in India
Spain’s biggest wind turbine maker, Gamesa, has won orders to deliver 220 MW of its wind turbines for the main independent power producers (IPP) companies in the wind energy market in India.
read more... 21/07/2014
EDF inks 20 year LNG deal with U.S. Cheniere Energy
French energy giant EDF entered into 20-year liquefied natural gas (LNG) sale and purchase deal with Cheniere Energy, Inc. in Texas.
read more... 21/07/2014