Latest news
Daily: European power prices ease on less demand, reasonable output
Brent oil crude futures dropped on Monday after last week’s weaker data continued to have impact over a market weakened following public holidays in the United States and Britain.
read more... 28/05/2013
EU energy sector in danger and requires urgently a reform
The EU energy sector needs support for innovation if they want to reduce energy costs. European power companies will have to develop new technologies, to approach more to consumers and expand newer business models and services. European leaders and the energy- industry chiefs have taken steps toward reviving energy-market reform and setting long-term targets for renewable energy.
read more... 24/05/2013
Eni carries off custumers of GDF Suez
Since 2011, Eni is the second largest gas supplier in France, with total gas deliveries of 74 TWh, representing 14% of the overall market share. GDF Suez still leads the French retail gas market but will have to work harder to maintain its residential customers. Daily, about 500 French consumers sign up contracts with Italian company Eni.
read more... 23/05/2013
Poland will not apply taxes on shale gas production by 2020
After several foreign companies, as Exxon Mobil, Canada’s Talisman Energy and US oil firm Marathon, quit the Polish market in the past few months, the finance minister, Jacek Rostowski, has announced that Poland will not tax shale gas production until 2020 and will improve regulation, in a move which aims to attract energy explorers.
read more... 23/05/2013
Daily: Crude oil closes higher on weaker dollar, ample supplies
Crude oil prices increased on Monday on a weaker dollar, but significant oil supplies capped gains, even as equity markets hanging at record levels.
read more... 21/05/2013