Latest news
Iran eager to supply big volumes of gas to Europe
Iran, holder of the second-largest natural gas reserves in the world, unveiled its willingness to supply natural gas to Europe, amid worries that Russia could retaliate against EU sanctions, causing a fuel disruption in Europe.
read more... 06/05/2014
Siemens strikes the second onshore wind deal in Peru
Siemens, the German multinational engineering and electronics conglomerate, has been awarded a contract by Spain-based Cobra Energia to supply 97MW of onshore wind turbines to the Tres Hermanas wind project in Peru. The new wind plant is the second project that Spanish developer Cobra is performing with Siemens in Peru.
read more... 06/05/2014
Daily: British wholesale natural gas hovers near three-year lows on low demand
Brent crude dropped towards $108 a barrel on Thursday, close to its lowest level in more than two weeks, as flat data in China, a possible oil increase in Libya's oil supply and record-high in U.S. stockpiles impacted prices. Brent crude for June delivery slipped 3 cents to $108.04 a barrel by 03:24 GMT, after a 0.8 percent decline in the previous session to end at its lowest settlement since April 11. Meanwhile, U.S. crude for June delivery declined 7 cents to $99.67 a barrel, after having decreased 1.5 percent on Wednesday to settle at its lowest level since April 2.
read more... 02/05/2014
Daily: European carbon allowances near to one-month high on reduced supply
Brent crude futures increased over a dollar a barrel on Thursday on reciprocal incrimination of aggression by Ukraine and Russia, intensifying concerns over eventual oil supplies, while optimistic economic data in the U.S. showed stronger demand.
read more... 25/04/2014
Daily: British gas prices drop on oversupply forecast by National Grid
Brent crude increased to about $110 a barrel on Wednesday on escalating tensions in Ukraine, while WTI crude prices remained almost unchanged after a publication of a report showing a strong increase in stockpiles, which attenuated geopolitical worries.
read more... 17/04/2014