Latest news
E.ON to sell UK power grid business for £4bn to an U.S. firm
The German energy utility company, E.ON, declared on Wednesday that it has agreed to sell its UK power distribution business, Central Networks, to the US firm, PPL Corporation for £4 billion.
read more... 04/03/2011
Daily Energy Overview, Thursday, March 03, 2011
U.S. crude oil futures settled over 102 dollars on Wednesday for the first time since September 2008 as civil conflict expanded in Libya and an airstrike nearby country’s oil infrastructure deepened worries over a lasting disruption from OPEC countries.
read more... 03/03/2011
Daily Energy Overview, Wednesday, March 02, 2011
U.S. crude oil futures ended over 99 dollars on Tuesday, having hit their utmost level since September 2008 as rising turmoil in Libya kept worrying other oil producers in the Middle East and North Africa.
read more... 02/03/2011
Daily Energy Overview, Monday, February 28, 2011
Brent oil closed the week above 112 dollars a barrel on Friday, on unstable situation in Libya, down from the 2 ½ year utmost level registered on Thursday following Saudi Arabia’s decision to augment its oil output to level the market.
read more... 28/02/2011
Daily Energy Overview, Friday, February 25, 2011
U.S. and Brent crude futures dropped suddenly in the post settlement trading on Thursday after the spread of rumors that the Libyan President, Muammar Gaddafi had been shot.
read more... 25/02/2011