Latest news
Global carbon emissions reached a record level in 2017
The global energy demand increased by 2.1% last year, leading to a hike in carbon emissions for the first time since 2014, according to IEA. The statistics show that CO2 level jumped more than twice compared to 2016.
read more... 23/03/2018
Daily (06.03.2018): German prompt power prices surged by almost 45% on Monday due to lower wind power supply
Oil prices soared on Monday, supported by forecasts for robust oil demand growth and concerns that output from OPEC producers would rise at a much slower pace in the future.
read more... 06/03/2018
Daily (02.03.2018): NBP spot gas price hiked by over 125% on Thursday due to freezing weather and high demand
A retreating stock market and fears about rising U.S. crude output contributed to a fall in oil prices on Thursday to two-week lows. Brent crude declined by 3% to end at $63.83 a barrel. WTI futures dropped by 1.1% to close at $60.99 a barrel.
read more... 02/03/2018
Shell expects LNG supply shortage as demand soars
Shell revealed in its recent 2018 LNG Outlook report on Monday that a supply shortage in mid-2020s might happen based on existing demand projections unless new LNG production project commitments are made soon.
read more... 28/02/2018
Daily (27.02.2018): German spot power price boosted by 103% on Monday as colder weather bolstered demand
Oil prices rose on Monday to almost a three-week peak hit a day earlier, due to signs of strong production cuts by OPEC and non-OPEC countries and an insignificant fall in U.S. output. Brent crude added 19 cents, or 0.3%, to end at $67.50 a barrel. WTI futures surged by 0.6% to settle at $63.91 a barrel.
read more... 27/02/2018