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Daily: WTI crude oil increases on sharp rise in gasoline demand
WTI crude oil boosted by more than $1 on Wednesday as gasoline demand rocketed in the U.S., pushed up by technical trading, while Brent crude registered a modest gain following strained relations between Russia and the West. The U.S. Energy Information Administration data, showing a sharp build in gasoline demand, drove up U.S. gasoline and crude oil prices above key technical level.
read more... 10/04/2014
Britain’s free energy market threatened by pricing investigation
An analysis of potential price complicity by British energy suppliers will probably destabilize the market structure that has aided them to become more important than their European competitors.
read more... 09/04/2014
Poland: renewable energy bill approved by the government
A long-awaited draft law has been approved by Poland's government on Tuesday exhibiting new subsidies for renewable energy for a longer period, intending to reduce costs to consumers and aid the coal dependent country to reach EU climate targets.
read more... 09/04/2014
Lebanon: gas licensing round to be closed in 4 months
Lebanon anticipates ending its first licensing round for offshore gas exploration regions in almost four months after prevailing over a legislative barrier by the end of April, as stated by the energy minister on Monday.
read more... 08/04/2014
Alpiq purchases UK’s Flexitricity to have access to power management market
Swiss energy firm Alpiq declared on Tuesday it had bought British electrical service company Flexitricity, since it want to tap into electricity demand management market.
read more... 08/04/2014