Latest news
Hungary’s MOL monitors more retail purchases after Eni transaction
Hungarian oil and gas conglomerate MOL intends to make more acquisitions in order to increase its retail market share in central Europe, where an economic recovery is ongoing and motor fuel sales are expanding, as stated by MOL's downstream manager.
read more... 21/05/2014
Areva: nuclear reactor sales objective might lessen by 1-2 years
Areva's head of the company modified his prediction that the French nuclear group controlled by the state would vend 10 reactors by 2016, stating it would be no problem if that time limit reduces by a year or two.
read more... 21/05/2014
Daily: British wholesale natural gas hovers near three-year lows on low demand
Brent crude dropped towards $108 a barrel on Thursday, close to its lowest level in more than two weeks, as flat data in China, a possible oil increase in Libya's oil supply and record-high in U.S. stockpiles impacted prices. Brent crude for June delivery slipped 3 cents to $108.04 a barrel by 03:24 GMT, after a 0.8 percent decline in the previous session to end at its lowest settlement since April 11. Meanwhile, U.S. crude for June delivery declined 7 cents to $99.67 a barrel, after having decreased 1.5 percent on Wednesday to settle at its lowest level since April 2.
read more... 02/05/2014
Poland: 4.9 billion cubic meters of natural gas sold in Q1 2014 by PGNiG
PGNiG, Poland's gas monopoly, declared on Wednesday the sales of natural gas dropped from 5.6 billion in 2013 to 4.9 billion cubic meters in the first quarter of 2014.
read more... 17/04/2014
European power markets register the first growth since 2010
The power trading volumes on the European wholesale market increased last year for the first time in three years but were nevertheless below 80 percent of their maximum level registered in 2010, according to a report presented by the research firm Prospex, which investigated the markets growth in several countries, such as Germany, the Nordic region, Britain, Italy, Spain, France and the Netherlands.
read more... 16/04/2014