Latest news
Oil export duty in Russia might increase in August
Russia’s export duty might rise in August based on the oil price gains on the world market in June.
read more... 13/07/2010
UK gas prices driven up by supply shortage
The lack of supply on British gas market is driving the price to higher levels, registering a new yearly record of 51.50 pence per therm for the day-ahead delivery.
read more... 13/07/2010
Elliott Waves forecast oil price at $57 the next 6 months
According to technical analysts, the crude may drop below $57 per barrel in the next 6 months.
read more... 05/07/2010
Spanish financial crisis may bring down the bidding price for Endesa
Italian Enel, the holder of 92% shares in the Spanish gas distribution grid Endesa, declared that 4 major infrastructure funds are interested in the acquisition of the Spanish company.
read more... 05/07/2010
GDF Suez intends to buy electricity from EDF at 35 Euro per MWh
GDF Suez intends to purchase nuclear-generated electricity from its rival EDF for the price as low as 35 euros per MWh, if the law forces EDF to sell a quarter of its nuclear power production.
read more... 02/07/2010