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Daily: European spot power prices rebound amid weak renewable power output
Oil prices increased across both sides of continent on Wednesday, pushed up by a draw on U.S. crude inventories at the Cushing, Oklahoma, crude oil delivery hub, while gasoline stockpiles drove Brent and U.S. crude to the three weeks highs.
read more... 15/05/2014
Daily: Brent, U.S. crude prices rally to two-week highs on potential stockpiles draw
Brent crude rallied on Tuesday on strong U.S. crude and gasoline markets which offset the expectations of a potential rebound in Libyan oil output by 500,000 barrels per day. U.S. crude oil rose jumped over $1 a barrel to hit two-week highs on Tuesday as stocks of U.S. crude oil at Cushing dropped to their lowest levels since 2008 in the week to May 2.
read more... 14/05/2014
Egdon turns into UK’s second major shale gas actor with Alkane accord
Oil and gas explorer Egdon Resources made known about its decision to takeover Alkane Energy's shale gas assets making it Britain's second-biggest shale gas firm.
read more... 14/05/2014
Daily: Crude oil futures increase on Ukraine gas supply disruption threat, new EU sanctions against Russia
Crude oil futures increased on Monday as Ukraine urged the European Union to extend sanctions against Russia, while Russian gas giant Gazprom has threatened to disrupt natural gas supplies to Ukraine.
read more... 13/05/2014
Climate rules may possibly put at risk oil investment of about $1.1 trillion
Investors might pay out almost $1.1 trillion over the next decade on oil projects and assets that never achieve production if governments implement measures to reduce climate change, according to a report released on Thursday by Carbon Tracker Initiative.
read more... 09/05/2014