Latest news
Daily: European power spot prices increase on colder weather and low supply
Brent crude oil futures for March delivery settled down 18 cents at $111.71 per barrel on Monday, ending a three-day rally , dragged down by pessimism over global economic growth which restored traders ‘focus to healthy supply levels, slashing fears of unrest in North Africa. Meanwhile, U.S. WTI crude futures were off 9 cents in overnight electronic trading at $95.47 a barrel at 1649 GMT, after hitting a four-month high last week. U.S. markets were closed on Monday for a public holiday.
read more... 22/01/2013
China to invest 2 billion dollars in shale gas exploration
The Ministry of Land and Resources of China, has announced on Monday that almost 16 firms have committed to invest about 12.8 billion yuan (2 billion dollars) in shale gas exploration projects.
read more... 22/01/2013
EURACOAL appoints new President and Vice Presidents
The European Association for Coal and Lignite (EURACOAL), which is the umbrella organization of the European coal industry, has appointed Mr. Pawel Smolen as its new President.
read more... 22/01/2013
France launches new offshore power tender
Delphine Batho, France's environment and energy minister has launched its second offshore wind tender, putting 1 GW of capacity to be developed on sites off the coast of western and northern France.
read more... 22/01/2013
Daily: EU carbon declines on the German sale permits auction cancellation
Brent and U.S. crude oil futures edged up on Friday during a choppy trading, supported by geopolitical threats brought to supply, Chinese economic data and the possibility to reach a deal which would temporarily increase the U.S. debt ceiling. Brent crude increased 79 cents, or 0.71 percent, to settle at $111.89 a barrel, having traded from $110.47 to $110.96. Meanwhile, U.S. crude climbed 7 cents, or 0.07 percent, to settle at $95.56 a barrel, having traded from $94.91 to $95.67.
read more... 21/01/2013