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Daily: German power prices hit an 8-1/2 month high on colder weather forecast
Crude oil prices dropped on Wednesday after OPEC announced that it would not curb oil output despite a collapse in prices. Benchmark Brent futures declined 58 cents to settle at $77.75 a barrel, while U.S. crude eased 40 cents to close at $73.69, after having hit a low of $73.30.
read more... 27/11/2014
Latvia’s gas utility expects monopoly loss after 2017 sector restructuring
Latvian gas utility Latvijas Gaze, possessed by Germany's E.ON and Russia's Gazprom, anticipates to lose its domination in a liberalization of the sector after 2017, according to its spokesman on Wednesday.
read more... 27/11/2014
Serbia secures more coal, electricity imports – winter deficit
Serbia has guaranteed extra coal and power supplies to aid compensate a predictable shortfall this winter after floods earlier this year hit its energy sector, power utility Elektroprivreda Srbije (EPS) said on Wednesday.
read more... 27/11/2014
LNG transporter Hoegh predicts challenging market until 2016-2017
Oslo-listed liquefied natural gas (LNG) transporter Hoegh LNG registered third-quarter profits below expectations on Wednesday and declared its market could continue to be tough for the next two to three years because of an oversupply of vessels.
read more... 27/11/2014
Polish energy companies to raise capacity 38% by 2028
Polish electricity generators plan to raise their capacity by a net 38 percent by 2028 to satisfy the increasing demand for power, as stated by Poland's market regulator on Tuesday.
read more... 26/11/2014