Latest news

Great Britain increases gas and electricity prices.

UK's biggest energy supplier British Gas is about to increase its domestic gas and electricity prices by 7% from December 10.

read more... 15/11/2010

news

Spain hydropower and irrigation reserves increased.

Spain's hydropower production capacity and irrigation ability increased last week. Water reserves still are over the average levels, despite little decreases during summer period, thanks to an unusually wet winter and spring.

read more... 15/11/2010

news

Italy's third-biggest oil refiner spends $20 million on maintenance works.

Italy's third-biggest oil refiner Saras will spend around $20 million on refinery maintenance in 2011, $15 million less than in 2010, due to partial closure next year.

read more... 15/11/2010

news

Daily Market Update, Thursday, November 11, 2010

Oil increased above $88 per barrel on Thursday, due to a strong industrial output which raised Chinese demand and due to U.S. fuel stocks which heavily decreased. At 10:40 GMT, U.S. crude for December delivery increased at $88.32 per barrel, while ICE Brent climbed to $89.30 per barrel.

read more... 12/11/2010

news

RWE grew less than expected.

German group RWE could make some cutbacks, after registering nine-month earnings bellow expected levels, due to decreasing profit in Britain and lower gains from its renewable and energy trading businesses.

read more... 12/11/2010

news