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Daily (30.04.2018): UK gas prices rose on Friday on forecasts for higher consumption and lower temperatures
Oil prices edged lower on Friday on supply fears as the United States could reintroduce sanctions against Iran. Brent futures fell 10 cents, or 0.1 percent, to end at $74.64 a barrel. WTI crude was 0.1% down at $68.10 a barrel.
read more... 30/04/2018
Daily (18.04.2018): German spot power contract down 6.3% on Tuesday due to milder weather and lower consumption
Oil prices surged on Tuesday, backed by the probability of supply interruption and a strong equities market, compensating the effects of profit-taking after last week's upward trend to three-year peaks. Brent crude added 16 cents, or 0.22%, to close at $71.58 a barrel. WTI futures soared by 0.5% to settle at $66.52.
read more... 18/04/2018
BP: Electric vehicles will reduce oil consumption
The development of self-driving electric cars and travel sharing might reduce oil usage by 2040, as declared by oil and gas giant BP, which also predicted a peak in demand for the first time.
read more... 22/02/2018
Turkey's National Energy Efficiency Plan welcomed by EBRD
The European Bank for Reconstruction and Development (ERD) salutes Turkey's National Energy Efficiency Action Plan (NEEAP). It has as a target to reduce 14 percent of primary energy consumption by 2023 and invest almost $11 billion in energy efficiency measures.
read more... 12/01/2018
Members of the European Parliament voted for solider energy efficiency and renewable goals
Members of the European Parliament (MEPs) agreed to cut energy consumption by 40% by 2030. Every European Union state will have to establish its own corresponding national energy efficiency objectives necessary to attain the global target.
read more... 29/11/2017