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Daily: Nordic spot power trades steady amid colder weather
Brent crude futures rose towards $109 per barrel on Thursday after steep fall in the previous session, while investors were looking forward for further hints from a European Central Bank policy meeting and U.S. jobs data.
read more... 04/10/2012
Daily: UK prompt gas at a four-month high on tight supply
Brent crude futures rose above $113 per barrel on Thursday on investors’ hopes that the European Central Bank (ECB) will reveal measures showing the new tactics how to tackle the euro zone’s debt crisis at a meeting later in the day.
read more... 06/09/2012
Daily: Brent declines to $114 on concerns ahead of ECB meeting
Brent crude oil declined to around $114 a barrel on Wednesday on concerns over economic growth before the European Central Bank (ECB) meeting, which was expected to reveal new measures to tackle the region’s debt crisis.
read more... 05/09/2012
European countries to build a giant supergrid
In a move towards meeting the EU’s goal of reaching a 20% share of energy from renewable sources by 2020, last year, nine European countries agreed to build a power grid of high-voltage cables under the North Sea. It would be the first multinational grid designed to address the fluctuating nature of green power generation.
read more... 21/08/2012
South Stream pipeline project to start in December
Russian President Vladimir Putin has met Italy’s Prime Minister Mario Monti on Monday to talk about the South Stream pipeline project. Following the meeting, the President Putin told reporters that the project is still important for most of the European countries and many gas customers.
read more... 25/07/2012