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EEX expects growth in Italian gas and electricity trading
The European Energy Exchange (EEX) anticipates Italy's energy trading market to develop and intends to launch gas contracts there since more firms transfer from bi-lateral supply agreements to market alternatives, as stated by its chief executive on Wednesday.
read more... 12/02/2015
Supply squeeze to increase European gas price variability
Europe deals with higher instability in natural gas prices since delayed Russian gas acquirements bounce stored reserves and curbs on Dutch output tighten supply.
read more... 11/02/2015
Daily: European forward power prices soar to six-week highs on higher gas, carbon prices
Crude oil prices tumbled declined for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that solid supplies will increase global stockpiles before investments cuts started to considerably sap production. Brent crude for March delivery dropped by $1.91, or 3.3 percent, to settle at $56.43 a barrel, having slipped as low as $56.11. WTI March crude futures fell $2.84, or 5.37 percent, to close at $50.02 a barrel, after declining to $49.86.
read more... 11/02/2015
Italy’s Edison suspends negotiations to acquire two Israeli gas fields
Italy's Edison is reexamining the purchase two Israeli gas fields because of increasing regulatory insecurity and talks have already been suspended, as stated by a source at the company.
read more... 10/02/2015
Latvia intends to divide gas utility aiming to liberalize market
Latvia plans to split utility Latvijas Gaze next year, according to the economy minister on Friday, in order to be in line with EU liberalization efforts and with the aim to reduce dependence on Russian natural gas imports.
read more... 09/02/2015