Latest news
Daily – oil up for a fifth consecutive session
NYMEX and Brent crude oil futures increased for a fifth consecutive session on Tuesday, supported by a rebound in equities and on news that U.S. government broke up an alleged plot bomb Israeli and Saudi Arabian embassies in Washington.
read more... 12/10/2011
German renewable weighing on power prices despite closing nuclear power
Germany continues to export power, even though the country decided to close its seven nuclear reactors. Renewable energy is developing very fast, fact that drives electricity prices down.
read more... 12/10/2011
Scottish and Southern Energy to change the rules on the electricity market
Scottish and Southern Energy (SSE) will fall out with rival power suppliers after its announcement to offer all its electricity for sale on the day-ahead wholesale market, launching the biggest change for almost 10 years in the UK’s electricity market.
read more... 12/10/2011
Russia and China close to sign a milestone gas agreement
According to the Russian officials’ declarations on Tuesday, Russia is close to signing a milestone agreement involving the supply of natural gas to the world’s biggest energy consumer, China.
read more... 12/10/2011
Daily – gas down on friendly weather
U.S. and Brent crude oil increased on Monday for a fourth consecutive session on the back of the promise from German and French Government to unveil a plan to region’s debt.
read more... 11/10/2011