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Daily: Oil ends 2015 in a pessimistic mood, down 35%

Crude oil prices rebounded on Thursday, but ended in a downbeat mood, down by as much as 35% for 2015, dragged down by a race to pump by Middle East crude producers and as U.S. shale oil drillers created an unprecedented global oversupply. The United States also took a historic decision to revoke a 40-year ban on U.S. crude exports to countries outside Canada. Brent crude rose 82 cents to close at $37.28 a barrel, recovering from a near 11-year low of $36.10 reached earlier in the session. WTI increased 44 cents to settle at $37.04 a barrel.

read more... 04/01/2016

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Engie shuts down Belgian nuclear reactor because of an alternator problem

Electrabel, the Belgian unit of French conglomerate Engie, closes the Doel 1 nuclear reactor in northern Belgium late on Saturday due to a problem with an alternator.

read more... 04/01/2016

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Daily: Crude oil prices decline towards $37 since weak outlook prevails

Crude oil futures reduced towards $37 per barrel on Wednesday since the market stayed under pressure because of decreasing demand and higher supplies, while predictions that a cold snap in Europe and the United States would be short-lived also influenced prices.

read more... 30/12/2015

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Polish power exchange will start forward contracts based on renewable energy

The Polish Power Exchange intends to start new derivatives next month that will enable participants to trade forward contracts based on green certificates, which are supported by electricity produced from renewable sources.

read more... 30/12/2015

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Serbia's electricity grid operator acquires stake in Montenegro competitor

Serbia's Elektromreza Srbije (EMS) electricity grid operator acquired a 10 percent share in Montenegro's Crnogorski Elektroprenosni Sistem AD for approximately 14 million euros ($15.30 million), as stated by a source close to the deal.

read more... 30/12/2015

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