Crude oil prices declined on Monday after pessimistic Chinese factory data intensified worries about energy demand in the No.2 economy, while record high Russian crude output helped to ease the global supply glut. Brent crude declined by 77 cents, or 1.6 percent, to settle at $48.79 a barrel. U.S. crude futures slipped 45 cents, or 1 percent, to close at $46.14.
read more... 03/11/2015
Poland might launch a power capacity market in 2016 to aid Eastern Europe's major economy avoid electricity shortages since higher consumption puts pressure an old grid, as stated by a minister on Wednesday.
read more... 10/09/2015
Poland's grid operator PSE declared it anticipated to raise completely electricity consumption limits on Wednesday after a heat wave obliged it to lessen supply to industry this week for the first time in more than a decade.
read more... 12/08/2015
Bulgaria's electricity grid operator required all green energy producers to halve their output on Monday in an effort to balance production and consumption in the Balkan country, according to the state-owned company.
read more... 26/05/2015
German gas consumption between January and March increased by 7.4 percent because of colder winter weather in February and March comparing to last year, as stated by an energy industry group BDEW on Monday.
read more... 14/04/2015