Latest news
Europe’s greenhouse gas emissions plunge 23% on 1990 levels
Carbon dioxide emissions have dipped to a record-low, while the EU’s economy continues to bolster, according to a report unveiled by the European Environment Agency (EEA).
read more... 22/10/2015
Daily: Oil closes mixed, with WTI slipping before stockpiles report
Crude oil prices diverged on Tuesday, with WTI crude closing down slightly, as traders awaited the U.S. government’s stockpiles figures amid a global supply glut that was dragging down prices. According a preliminary report by the industry group American Petroleum Institute (API), U.S. crude inventories had boosted 7 million barrels last week. Brent futures for December delivery edged 10 cents higher to settle at $48.71 a barrel. U.S. crude futures for November delivery, which expired at Tuesday's settlement, dropped 34 cents to close at $45.55 per barrel.
read more... 21/10/2015
Daily: Europe spot power prices up on stronger demand, lower French nuclear capacity
Crude oil declined by about 4% on Monday, dragged down by a decrease in gasoline futures which added to pressure to a weakening market due to a slower growth in China and signs that Iranian oil will return to the market soon after the signature of its nuclear deal. The dollar appreciation and a weaker equity market on Wall Street weighed on the petroleum complex. Brent crude fell $1.85, or 3.7 percent, to settle at $48.61 a barrel. WTI crude lost $1.37, or 3 percent, to close at $45.89, in lighter volume ahead of Tuesday's expiry for November spot contract.
read more... 20/10/2015
Poland, Baltic leaders ink agreement on gas connection
Leaders from Poland, the Baltic States and European Commission decided on Thursday to construct a natural gas pipeline between Poland and Lithuania to shelter gas supply for the Baltic region.
read more... 16/10/2015
Daily: European forward power prices decline on weak fundamentals
Crude oil prices settled down on Wednesday and continued to decline in the post-settlement trade on worries about an intensifying oversupply kept crude under pressure this week, compensating recent views that falling U.S. production would spur prices. WTI crude shed 2 cents to close at $46.64. Global crude benchmark Brent eased 9 cents to close at $49.15 then declined 46 cents in post-settlement trade.
read more... 15/10/2015