Latest news
Total vends North Sea gas pipelines for $907 million
French oil major Total has decided to vend several of its gas pipeline assets in the UK's North Sea to North Sea Midstream Partners, an associate of U.S.-based private equity company ArcLight Capital, for 585 million pounds ($907 million).
read more... 28/08/2015
Daily: Oil prices recovered but still close to 6-1/2 year lows
Crude oil futures increased on Wednesday, but were still close to 6-1/2 year lows after China's central bank moved to support the country's stumbling economy, while worries about a supply overabundance reduced gains.
read more... 26/08/2015
Daily: German power price under 30 EUR/MWh for first time since 2003
Crude oil markets recovered more than a percent on Tuesday after a sharp decline in the previous session, even though prices maintained near 6-1/2-year lows since persistent weakness in Chinese equities generated worries of an economic fall in the region.
read more... 25/08/2015
Daily: Brent and U.S. oil touch new 6-1/2-year lows on China and oversupply
Brent and U.S. crude futures touch new 6-1/2-year lows on Monday to decrease below the latest supports of $45 a barrel and $40 a barrel respectively since investors worry that a decelerating Chinese economy will lead to reduced demand amidst a global supply surplus.
read more... 24/08/2015
Daily: Benchmark German electricity prices decrease to close to 12-year low
Oil prices restarted their downward trend on Friday pulled lower by weaker global stock markets and a sharp reduction in China's manufacturing activity, with the U.S. benchmark on the way to its elongated weekly losing strip since 1986.
read more... 21/08/2015