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Perspectives for the Central Europe power markets
Central and southeastern Europe, once seen to have big potential as a regional power market, will provide only niche opportunities as reluctance to integrate pushes out financial players needed to fuel liquidity.
read more... 14/05/2013
Spain’s shale gas reserves
Spain is the fifth largest energy consumer in Europe and has practically no domestic production of liquid fuels or natural gas. It has made significant progress in diversifying into renewable energy but, this only accounts for about 9% of its gross inland consumption. A quarter of consumption is fuelled by natural gas and half by petroleum, both of which Spain has to import.
read more... 10/05/2013
Daily: European power prices at 8-year low as fuel prices fell
Brent crude oil closed near $100 a barrel on Thursday, trading close to two-week lows reached in the previous sessions, dragged down by intensifying worries about the U.S. and Chinese economies which clouded the outlook for oil demand from the top two consumers.
read more... 03/05/2013
China to lower fuel prices due to declines of global oil prices
China, the world’s second-biggest oil consumer has announced it intends to lower oil prices in its first change under a new fuel price mechanism that is more tightly linked to the cost of crude oil.
read more... 25/04/2013
Daily: European carbon prices near collapse after the European Parliament vote
Crude oil prices slipped for a sixth consecutive session on Wednesday, with Brent crude dropping below $98 per barrel for the first time since July as increased U.S. fuel supplies weighted on overall concern about world oil demand. Meanwhile, Brent crude dropped $2.22 at $97.69, after declining earlier to $97.26, the lowest level since July 2012. U.S. crude settled down $2.04 to $86.68.
read more... 18/04/2013