Latest news
Gazprom and European partners ink Nord Stream 2 deal
Russian giant Gazprom and its European partners have inked a shareholders’ agreement on the Nord Stream-2 gas pipeline at the Eastern Economic Forum (EEF) on Friday.
read more... 04/09/2015
Daily: European spot power prices decline on robust supply
Crude oil prices rebounded on Thursday, following gains in Wall Street equities for a second consecutive day, although U.S. crude inventories posted a weekly increase that weighted on oil outlook. Brent front-month contract rose 18 cents to settle at $50.68 a barrel. At one point during the session it had hiked above $52. U.S. crude's front-month advanced 50 cents to settle at $46.75. It hit above $48 earlier.
read more... 04/09/2015
Solar reaches 10% of peak summer power in Japan
Solar power generation made up about 10% of the peak summer electricity supplies of Japan's nine major utilities, as reported on Thursday by the Asahi newspaper.
read more... 03/09/2015
EDF to postpone the Flamanville reactor to 2018
French utility EDF announced on Thursday another delay for the EPR nuclear reactor it is building in Flamanville, Normandy to 2018 which should lead to additional costs of over 10 billion euros from an initial budget of 3 billion euros, according to the newspaper Le Figaro.
read more... 03/09/2015
Daily: Crude oil prices rebound nearly 2 % on rallying inventories on Wall Street
Crude oil prices closed nearly 2 percent higher on Wednesday in a nervous trading, spurred by rallying equities on Wall Street after futures have declined on worries about global oversupply. Brent crude for October delivery boosted 94 cents to settle at $50.50 a barrel, having rebounded from a $47.74 low. It reached $51 post-settlement. WTI crude for October delivery increased by 84 cents to close at $46.25, after slipping to $43.21 and reaching $46.77.
read more... 03/09/2015