Latest news
Kuzbassrazrezugol to reduce coal production by 2.3 million tonnes in 2015
Russian coal miner Kuzbassrazrezugol will reduce its output by 2.3 million tonnes in 2015 because of unfavorable international market conditions, as stated by the company.
read more... 18/11/2014
Daily: British wholesale gas prices increase on reduced flows, short system
Brent crude dropped below $80 a barrel on Wednesday for the first time since 2010, dragged down by technical selling, pressure from dollar appreciation and after Saudi Arabia’s oil minister hesitated to say if the kingdom supports a production cut at OPEC's meeting on November 27. Brent crude reached a session low of $79.84, its lowest level since September 2010, before closing down $1.29 at $80.38. After settlement, Brent declined below $80 again. WTI crude hit a session low of $76.63, then closed down 76 cents at $77.18.
read more... 13/11/2014
EDF: strong nuclear production compensates for unfavorable weather
Strong nuclear production in France compensated for the negative repercussion of bad weather on EDF’s sales in the first nine months of the year, as stated by French utility on Thursday.
read more... 07/11/2014
Daily: European power prices fall on milder weather, higher renewable production
Brent crude futures dropped below $86 a barrel on Friday as a result of a firmer dollar and a well supplied oil market.
read more... 31/10/2014
Egypt production decline and reduced oil price affect BG profits
BG Group registered a worse-than-anticipated 26 percent decrease in third-quarter operating profit since its production in Egypt halved and a sudden reduction in oil prices took its toll on Britain's third-largest energy firm.
read more... 29/10/2014