Latest news

Daily: European electricity curve on weaker thermal power prices

Oil increased for a second day on Thursday and reached $66 a barrel, encouraged by expectations that a global supply glut will reduce and by fighting in Iraq.

read more... 22/05/2015

news

Daily: European prompt electricity prices as supply increases, German demand stable

Oil prices increased on Thursday, sustained by a drawdown in U.S. crude inventories even though weak China data and worries about excess oil supply limited price gains.

read more... 21/05/2015

news

Major energy companies tied to approximately a third of greenhouse gases

Thirty-two energy firms managed by Russia's Gazprom represent almost a third of all man-made greenhouse gas emissions if the burning of all the coal, oil and gas they produce is taken into consideration, according to a study on Wednesday.

read more... 21/05/2015

news

Total, Novatek launch gas production at Siberian project

French oil leading company Total has launched gas and condensate production at its Termokarstovoye field in northern Siberia, the first of a sequence of projects with Russia's Novatek to come to completion, according to the company on Wednesday.

read more... 21/05/2015

news

Daily: Crude oil down more that 3% on stronger dollar, supply glut concerns

Crude oil declined more than 3 percent on Tuesday, with WTI crude prolonging losses for a fifth consecutive day as the dollar firmed and on news that the Unites States and top oil exporter Saudi Arabia were pumping a bigger quantity that needed. Brent crude declined by $2.25 to settle at $64.02 a barrel, while U.S. crude's front-month contract fell $2.17 to end at $57.26.

read more... 20/05/2015

news