Latest news

Daily: Brent prices eased as worries over a military strike in Syria eased too

Brent futures decreased on Tuesday as fears over a military strike on Syria alleviated, but stayed above $114 per barrel as investors were paying attention on forecasts of stimulation in demand growth with factory output across most of the world enhancing. Brent crude prices dropped 15 cents to $114.18 per barrel by 0309 GMT while U.S. oil fell 98 cents to $106.68 in comparison to Friday’s levels.

read more... 04/09/2013

news

Daily: European power prices drop on higher solar and wind output forecast

Brent crude oil futures jumped on continued worries about eventual supply disruptions in the Middle East, reversing losses caused by concerns about the U.S. Federal Reserve's monetary easing policy. Brent crude oil futures for October delivery closed 25 cents higher at $110.15 per barrel, after trading as low as $108.61 earlier in the session.

read more... 21/08/2013

news

Daily: European power trades lower on weaker demand, high hydro output

Brent crude futures fell on Wednesday towards $108, declining for a fourth consecutive day, as supply fears eased and on caution ahead of China and U.S. data.

read more... 08/08/2013

news

Germany: Coal suppresses natural gas, wind output

It seems that Germany’s energy portfolio is not as green as thought. The share of coal in Germany’s electricity mix has soared to 52% in the first-half of 2013, suppressing the output from natural gas and wind turbines, according to data released by research organization Fraunhofer Institute (ISE).

read more... 18/07/2013

news

Poland’s shale gas hopes fade on bureaucracy

Polish dream of a possible shale gas bonanza started to fade as investors are complaining that the bureaucracy is impeding commercial output to start.

read more... 08/07/2013

news