Natural gas demand across the European Union is likely to raise by 6 percent in 2016, aided by increasing industrial production and more use in electricity generation and transport, as stated by the Eurogas business association on Friday.
read more... 24/10/2016
The Spanish government envisages to hold two renewable power auctions, with one auction for December this year and another one in January 2017, in a move to meet its European Union green power commitments.
read more... 21/10/2016
The Austrian power prices could increase if the European energy regulator ACER decides in November to split Austrian and German power markets, which have been bundled together since 2002, stated the head of Austria's energy regulator.
read more... 19/10/2016
U.S. oil futures hit more than $50 per barrel on Friday since the entire crude forward curve rose to that level in a sign that financial markets have growing confidence in the sector.
read more... 07/10/2016
Crude oil prices evolved differently on Friday, with WTI for November delivery gaining 41 cents to settle at $ 48.24 per barrel, two days after OPEC countries reached a consensus to limit oil production. However, North Sea Brent lost 18 cents to settle at $49.06 per barrel on the Intercontinental Exchange.
read more... 03/10/2016