Latest news
Daily: European spot power prices drop on higher temperatures in France, Germany
Brent crude oil futures declined considerably before the session close on Wednesday following reports of the imminent restart of a vital U.S. refinery added pressure to the international benchmark’s premium to U.S. oil. Brent futures ended 20 cents lower at $103.04 per barrel, after trading as high as $104.07, the contract's first run above $104 in five sessions. U.S. crude futures closed 43 cents higher at $93.74 per barrel, after trading as high as $94.48.
read more... 06/06/2013
ABB and Eni signed a $40 million contract for export terminal on Ionian Sea
Switzerland-based power and automation technology group ABB has signed a contract with the Italian Energy Company Eni, to extend the export terminal of Eni's refinery in Taranto, located in the 'Mar Grande' bay on the Ionian Sea in southern Italy. The contract between ABB and the multinational Italian oil and gas company, is part of Eni’s strategy to improve its refinery infrastructure and ensure a connection with the onshore Tempa Rossa oil plant.
read more... 12/02/2013
Daily: UK spot gas prices increase on Troll field trouble
Brent and U.S. crude oil futures climbed on Monday in choppy trading, which were supported by optimistic durable goods data and by strong gasoline futures, which added 2 cents on Hess Corp's plans to halt a refinery in the Northeast.
read more... 29/01/2013
Daily: U.N. carbon credits dip to record lows on heavy selling
Brent and U.S. crude oil futures climbed more than 1 percent on Wednesday, pushed up by U.S. Federal Reserve plans for more monetary incentives and a Texas refinery fire that sent U.S. refined products futures higher. Meanwhile, Brent January crude climbed $1.49, or 1.38 percent, to settle at $109.50 a barrel, having traded from $108.14 to $110.50. U.S. January crude boosted 98 cents, or 1.14 percent, to settle at $86.77 a barrel, having traded from $85.68 to $87.68.
read more... 13/12/2012
Daily: Brent oil down due to Hurricane Sandy
Brent crude futures decreased on Monday because of a temporary drop in refinery consumption on the East Coast, due to the hurricane Sandy, which could temporarily curb demand for crude in the region. Brent December crude dropped by 11 cents and settled at $109.44 a barrel, after having traded from $108.51 to $110.26.
read more... 30/10/2012