Latest news
Bosnia's largest utility generates 5% more electricity in 2016
Bosnia's largest power utility Elektroprivreda BiH (EPBiH) declared on Friday it produced 7,245 gigawatt-hours (GWh) of electricity in 2016, more than 5 percent up from a year before on the back of record coal production.
read more... 16/01/2017
Daily (13.01.2017): Crude oil gains ground on supply reductions, record demand expectations from China
Crude oil prices boosted over 1 percent on Thursday on news that top crude producers, including Saudi Arabia and Russia, were reducing production to tackle a global crude oversupply and expectations for a record demand in China.
read more... 13/01/2017
Russia reduced oil output as part of the Vienna agreement
Russia started to cut oil production in early January by around 100,000 barrels per day following an agreement with OPEC to cap global crude output signed at the end of last year, as mentioned by sources in the industry.
read more... 10/01/2017
Daily (10.01.2017): British gas prices rise on cold snap forecasts
Oil prices sank by around 4% on Monday on concerns that record Iraqi crude exports and rising U.S. production would undermine OPEC's efforts to lessen global oversupply. In Iraq, OPEC's second major producer, oil exports from the southern Basra ports hit a record high of 3.51 million barrels per day (bpd) in December, according to the oil ministry.
read more... 10/01/2017
UK: wind production surpassed coal last year
Last year, UK produced more electricity from wind farms than from coal-fired power plants for the first time ever.
read more... 09/01/2017