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Daily Market Update, Monday, November 15, 2010
Oil was up above $85 per barrel on Monday after dropping from a two-year high last week, due to an increasing desire to take a risk and to investors passing over Irish debt worries. At 10:38 GMT, U.S. crude increased at $85.41 per barrel, while ICE Brent futures climbed to $87.01 per barrel.
read more... 16/11/2010
EU's plan to reduce coal consumption and CO2 emissions
Europe's energy chief will publicly announce this week his project for huge new gas pipelines, so called "electricity highways" and another project for 8,000 km of pipes for transporting and burying greenhouse gases.
read more... 16/11/2010
Eni and Repsol explore natural gas fields in Venezuela.
Italian oil and gas company, Eni, and its Spanish partner Repsol plan to start their common natural gas production at Perla in Venezuela in the second half of 2013.
read more... 16/11/2010
Czech power is up on colder weather.
Czech spot power prices increased by 5.5%, due to colder weather and less wind generation.
read more... 16/11/2010
Daily Market Update, Friday, November 12, 2010
Oil was down below $86 per barrel on Friday, due to worries regarding Irish debt which led to an important withdrawal of riskier assets. At 10:25 GMT, U.S. crude decreased to $85.76, while ICE Brent dropped to $87.18 per barrel.
read more... 15/11/2010