Latest news
Ukraine obtained a $300 million loan for winter gas
A $300 million (£198m) loan for Ukraine to purchase gas for this winter has been authorized.
read more... 01/10/2015
Renewables beat burning coal in the British power mix
UK generated more of its electricity from renewable sources than from burning coal for the first time in the second quarter of 2015, due to a record high from wind and solar plants.
read more... 30/09/2015
Shell will search for oil and gas in block offshore Bulgaria
Bulgaria has chosen Royal Dutch Shell to perform deepwater oil and gas exploration off its Black Sea coast and intends to ink an agreement by the end of October, expecting that the project will aid reduce its dependence on imports from Russia.
read more... 30/09/2015
Daily: German forward power prices rebound after new-term lows
Crude oil prices boosted by about 2% on Tuesday, but then reduced gains in the post-settlement trade after the American Petroleum Institute (API) reported an unexpected large weekly increase in U.S. crude stockpiles. Front-month WTI closed Tuesday's trade at $45.23 a barrel, up 80 cents, or 1.8 percent on the day. In post-settlement trade, it shed to $44.82. The front-month Brent contract settled up 89 cents, or 1.9 percent, at $48.23. It hit $47.97 after the API figures.
read more... 30/09/2015
Total aims to have 8 percent of French B2B power market
Total Energie Gaz, a unit of oil and gas major Total, declared on Tuesday that it had entered the French business-to-business retail power market with the intention of seizing several eight percent of the market within 10 years.
read more... 30/09/2015