Oil was up above $87 per barrel on Wednesday, because of an important fall in U.S. crude oil inventories despite a stronger dollar and a fall in Chinese oil imports. At 09:30 GMT U.S. crude futures for December increased at $86.92 per barrel, while ICE Brent increased at $88.56 per barrel.
read more... 11/11/2010
Producers and transmission firms have announced to Energy Exchange that German power plant capacity will increase by 2.3% to 60.502 MW till November 12.
read more... 10/11/2010
Ukrainian state energy firm Naftogaz has paid around $1.063 billion to Russian gas giant Gazprom for October gas supplies.
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Enel has spent 500 million Euros in order to increase its nuclear power capacity at the two units of its Slovakian nuclear power plant in Jaslovske Bohunice.
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Oil was up on Tuesday, hitting a new two year high above $87 per barrel, despite earlier losses. U.S. crude oil futures increased at $87.67 per barrel, the highest level since October 2008, while ICE Brent climbed to $88.76 per barrel.
read more... 10/11/2010