Latest news
Daily energy Overview, Monday, August 22, 2011
Crude oil futures were mixed on Friday following a weaker dollar index that sparked risk trade and continuous worries about the economy. U.S. crude oil futures for September delivery traded at 82.26 dollars a barrel, down 12 cents after a trading range from 79.17 to 83.55 dollars a barrel, while ICE Brent crude for October delivery settled at 108.62 dollars a barrel, gaining 1.63 dollars after a trading range between 105.06 and 109.40 dollars.
read more... 22/08/2011
Poland to apply a coal excise tax from 2012
The Polish government announced last week that it will submit an excise duty on thermal and coking coal next year.
read more... 22/08/2011
The “Big Six” face Ofgem investigation
The energy watchdog, Ofgem has brought in forensic accountants from BDO to investigate if the Big Six energy suppliers have underestimated accurately their profit margins in order to justify higher prices.
read more... 22/08/2011
Statkraft to develop several wind farms
Statkraft announced the start of the development of a new wind farm in Sweden, Stamåsen 1, of 60 MW and worth 108 million euros, which will complete the company’s portfolio with the second wind farm under construction in Central Sweden, thus consolidating its position as the largest energy actor in the European renewable energy industry.
read more... 19/08/2011
Daily energy Overview, Friday, August 19, 2011
Crude oil futures pared losses on Thursday as a crop of low economic data supported more fears in the Unites States and pushed investors to cut down on riskier assets. By 19:06 GMT, NYMEX crude for September delivery valued 81.51 dollars a barrel, down 6.07 dollars, while ICE Brent crude for October delivery traded at 106.99 dollars a barrel, falling 3.61 dollars after a trading range from 106.27 to 110.75 dollars.
read more... 19/08/2011