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Daily: British gas prices drop amid low demand, LNG ample imports
U.S. crude oil futures ended nearly unchanged on Tuesday, but rebounded after the settlement trade closure after the industry group the American Petroleum Institute unveiled that crude inventories fell the previous week, challenging analysts’ expectations for an increase. Meanwhile, Brent crude prices declined on Tuesday dragged down by the restart in Libyan supply.
read more... 07/05/2014
Britain: 10 million pound loan to be offered to UK Coal for financing mine closures
UK Coal will receive a loan of 10 million pound from Britain government for closing its two deep mines over the next 18 months. There are 1,300 people working in the mines.
read more... 11/04/2014
Daily: Brent crude oil drops by about $1 on Libyan ports reopening
Brent crude oil dropped by about $1 to its weakest level in almost five months on Wednesday, dragging down U.S. crude with it, as Libyan government declared that they could reach to a deal with rebels to reopen the ports after months of closures. Brent crude oil closed 83 cents lower at $104.79 a barrel after declining to $103.95, its lowest point since November 8.
read more... 03/04/2014
Spain government considers increasing subsidies for gas-fired power plants to prevent further closure of facilities
The Spanish government aims to increase the aid for under-used gas-fired power plants in order to avoid utilities’ closures around the country.
read more... 26/03/2014
Daily: European carbon prices up 10 % on the week after backloading plan disclosure
U.S. crude oil hit its eight consecutive week of gains on Friday on weaker oil rail shipments from the growing Bakken shale basin in North Dakota. Brent oil posted moderate gains but settled the week lower, dragged down by an outlook for dipping demand in China and another for slow European growth due to escalating unrests in Ukraine.
read more... 03/03/2014