Latest news
Dutch electricity plants employ record quantity of coal this year
Dutch electricity plants employed a record quantity of coal in the first five months of 2015, as shown by data released on Thursday, accentuating the difficulty the Netherlands will have in meeting greenhouse gas emission goals.
read more... 28/08/2015
German utilities intend to shut down 10 more power stations
German utilities have submitted requests to shut down 10 more power stations, or 2.34 gigawatt of capacity, as indicated by statistics from the network regulator, a result of record-low wholesale electricity prices hitting profits.
read more... 25/08/2015
Daily: Crude oil rebounds from multi-month lows after a refinery outage in the U.S
Crude oil prices rebounded on Monday, up 4 percent after a hike in U.S. gasoline and diesel due to a refinery outage helped crude futures recover from multi-month lows. Brent boosted 3.7 percent, recording its largest gain since end-May. U.S. crude jumped 2.5 percent, its highest in two months. Brent crude advanced $1.80 to close at $50.41 a barrel. WTI crude added $1.09 to settle at $44.96 a barrel.
read more... 11/08/2015
Daily: British spot gas prices decline on higher imports from Norway, oversupplied system
Crude oil prices touched multi-months lows on Wednesday after an increase in gasoline inventories in the United States as the summer driving season approaches to the end. WTI crude futures slipped 59 cents, or 1.3 percent, to settle at $45.15 a barrel, hitting a bottom last recorded in March of $44.83. Futures of Brent lost 40 cents to close at $49.59 a barrel, after slipping to a January low of $49.02.
read more... 06/08/2015
Daily: WTI crude oil registers the largest decline since 2008
WTI crude registered its largest monthly decline since 2008 financial collapse on Friday after a series of losses in July caused by China’s inventories market slump and on evidence that main Middle East producers were pumping crude at record levels. U.S. crude dropped $1.40, or almost 3 percent, to settle at $47.32 a barrel. It eased more than 2 percent on the week. Brent crude decreased by $1.10, or 2 percent, to close at $52.21 a barrel. It lost 5 percent on the week and 18 percent on the month.
read more... 03/08/2015