Latest news
Rosneft defies Gazprom monopoly to get right to export Russian gas via pipeline
The major oil producer in Russia, Rosneft, plans to break domination of another energy important company, Gazprom, to export gas through pipelines, leading to an explosion between the major clans, according to some sources on Friday.
read more... 10/03/2014
Daily: Forward prices of European power settled down on warm weather, sluggish supply
Brent crude oil settled up on Monday, spurred by output blackouts in Libya and South Soudan which slashed exports and restrained global supply.
read more... 25/02/2014
US authorises limited crude oil exports to Europe
The U.S. government has approved some new licenses to export crude oil to Europe for the first time after the country banned crude exports following the oil shocks of the 1970s. In December last year, Exxon Mobil Corp. joined Royal Dutch Shell and ConocoPhillips in publicly urging a repeal of the 1970s era federal law that strictly limits exports of domestic oil.
read more... 05/02/2014
France’s energy future relies on nuclear
France’s first nuclear power plant has opened in 1964 and since then France has become a primarily nuclear-powered country, with nuclear representing 78.8% of its electricity generation. According to the IEA it exports about 42 billion kWh of electrical energy per year, being the world's largest net exporter of electricity due to its very low cost of generation, while gaining over EUR 3 billion per year from this.
read more... 28/01/2014
Daily: UK day-ahead gas drops on oversupplied system
Crude oil prices registered modest gains on Tuesday after a recent rally encouraged by optimistic global demand forecast and fresh concerns about Libyan oil exports.
read more... 22/01/2014