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Daily: Crude oil closes flat, with Brent slightly up after two-day decline
Crude futures settled little changed on Friday after signs that Greece might reach a deal by the weekend to avert a Greek debt default, while Iran struggled to ink a nuclear agreement to halt sanctions on its oil exports. Brent posted a modest rise after declining for two consecutive days, while WTI crude prolonged its downward trend after indications that the country's oil rig count may start increasing soon. Brent crude boosted 6 cents, or 0.1 percent, to settle at $63.26 a barrel. U.S. crude eased 7 cents, or 0.1 percent, to close at $59.63.
read more... 29/06/2015
Russia expected to slash its natural gas transit volume via Ukraine
Russia is expected to slash its natural gas deliveries via Ukraine by about 18% this year, declared the Ukrainian gas transit monopoly Ukrtransgaz.
read more... 26/06/2015
Scotland hits a new onshore wind power record in Q1 2015
Scottish wind power generated a record of electricity in the first quarter of 2015 according to figures published by the Department of Energy and Climate Change (DECC).
read more... 26/06/2015
Vattenfall to divest its last fossil fuel asset in Denmark
Swedish energy company Vattenfall agreed to divest its last fossil fuel asset in Denmark, the 410-MW Nordjylland combined heat power plant, to district heating company Aalborg Forsyning for DKK823m ($123.4m).
read more... 26/06/2015
Daily: European forward power prices rocket at an eight-week high tracking stronger coal, carbon prices
Crude oil declined for a second consecutive day on Thursday, dragged down by weaker U.S. refined fuels markets and eventual negative impact from Greek debt crisis on European energy demand. Brent crude decreased 29 cents, or 0.5 percent, to close at $63.20 a barrel. U.S. WTI crude declined by 57 cents, or almost 1 percent, to settle at $59.70.
read more... 26/06/2015