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Daily: European spot electricity prices retreat from recent highs on firmer wind supply, lower demand
Crude oil prices did not change significantly on Tuesday, paring earlier gains in line with U.S. stock markets as voters head to the polls to elect the next president of the United States. Brent crude lost 11 cents or 0.24 percent to settle at $ 46.04 per barrel. WTI crude rose by 0.09 cents or 0.20 percent to end at $44.98 per barrel.
read more... 09/11/2016
Gazprom will think about cancelling shareholder deal over Nord Stream extension
Russia's Gazprom will consider annulling a deal with European associates to enlarge the Nord Stream gas pipeline at a board meeting on November 9, it declared on Wednesday, following resistance to the plan in several European nations.
read more... 27/10/2016
Italgas promises to increase dividends before spinoff
Italgas, Europe's third-largest gas distributor, promised to increase its dividend in the next three years and develop its market share after its spinoff from gas grid owner Snam in November.
read more... 25/10/2016
Daily: European spot power prices increase sharply on stronger demand, weaker renewables supply
Crude oil prices settled down on Monday on news of the forthcoming restart of Britain’s Buzzard oil field and as Iraq wants to be exempted from OPEC production cuts as it needs more money to fight Islamic State militants. Brent, the international benchmark for crude, lost 32 cents, or 0.6 percent, to close at $51.46 a barrel. Its session low was $50.50. U.S. West Texas Intermediate (WTI) crude declined 33 cents, or 0.7 percent, to end at $50.52.
read more... 25/10/2016
The longest Iceland-UK electricity cable plan seen confronting Brexit deferral
Plans to construct the world's longest electricity interconnector from Iceland to Britain might be deferred by Britain's decision to leave the European Union, as stated by the manager of Icelandic utility Landsvirkjun.
read more... 24/10/2016