Latest news
Wholesale energy markets: European Commission proposes rules to prevent market abuse
The European Commission has proposed today rules on wholesale energy markets for preventing market manipulation and insider trading. The Regulation ensures market transparency between companies producing energy and traders, obliging these energy traders to respect market rules.
read more... 14/12/2010
Energy Market Overview, Tuesday, December 14, 2010
Oil prices fell on Tuesday, with U.S. crude for January dropping 69 cents to $87.92 a barrel by 1445 GMT and ICE Brent down 31 cents to $90.88 a barrel as the dollar increased on stronger-than-expected U.S. economic data and investors’ concerns regarding the prospect of an interest rate increase in China.
read more... 14/12/2010
Energy Market Overview, Monday, December 13, 2010
British gas prices fell early on Monday as above-average demand levels were met comfortably by strong supply from neighboring markets and storage sites, while forecast for cold weather was already factored in.
read more... 13/12/2010
OPEC maintains output quotas
The Organization of Petroleum Exporting Countries (OPEC) decided on Saturday at an extraordinary meeting in Quito to maintain current quotas for its production.
read more... 13/12/2010
GE Energy Financial reached renewable target.
GE’s unit, GE Energy Financial Services, realized its proposed objective of building a $6 billion portfolio of renewable energy investments by the end of 2010.
read more... 13/12/2010