Latest news
Daily: European spot power drops on huge wind power output
Brent crude oil dropped below $107 a barrel on Friday on fears about higher supply and shaky demand, even if China posted its faster economic growth.
read more... 28/10/2013
Croatia, Hungary and Ukraine to create their own gas corridor
Ukraine, Croatia and Hungary aim to build their own corridor expanding gas pipelines networks. The construction of this corridor will start next year. This gas corridor is planned to be linked to the Trans-Adriatic Pipeline, which is likely to carry Shah Deniz gas to Europe through Turkey. The parts have already reached an agreement on passing of natural gas through all three countries.
read more... 25/10/2013
Germany to build its longest power line to transport surplus wind
Network operators TenneT and TransnetBW have joined forces to build Germany's greatest power line to transport surplus of wind power from northern regions into the south, an important step in the country's attempt to shift away from nuclear. The objective is to build power lines to take renewable energy from where it is abundant and carry it to where it is needed.
read more... 25/10/2013
Total to explore offshore gas field in Argentina
A consortium led by the French energy giant Total, with German firm Wintershall and Pan America Energy from Argentina will invest USD 1 billion (EUR 725.1m) to develop the Vega Pleyade offshore deep water natural gas field off the southern coast of Argentina.
read more... 25/10/2013
Daily: European spot electricity tumbles on weaker nuclear availability in France
U.S. crude oil futures recovered losses in choppy trade on Thursday while European Brent crude dropped.
read more... 25/10/2013