Latest news
France wants to extend renewable energy tax
The French government is thinking about a reform of the tax levied on electricity bills to back green energy that would see it extended to natural gas and road fuels, as stated by a source close to the matter on Sunday.
read more... 28/07/2015
Daily: British prompt gas prices edge up on weaker supply from Norway, cooler weather
WTI crude oil futures declined over 1 percent on Wednesday after an unexpected increase in inventories, while gasoline jumped on bets for strong fuel demand during the peak summer driving season. Brent rose 20 cents, or 0.4 percent, to settle at $57.05. U.S. crude's front-month contract fell 68 cents, or 1.3 percent, to close at $51.65 a barrel. It had slipped on Tuesday to touch $50.58, its weakest level since April 8.
read more... 09/07/2015
Daily: Crude oil recovers from three-week lows amid stronger demand for fuel
Crude oil prices settled higher, rebounding from three-week lows on Tuesday, as U.S. refined fuel trading increased on stronger summer demand, even as the Greece’ move towards a debt default threatened to hit markets worldwide. The oil rise was also spurred by stronger dollar. Brent crude rose by $1.58, or 2.6%, to settle at $63.59 a barrel. It declined by 3% for June. WTI crude increased by $1.14, or almost 2%, to close at $59.47. It fell 1% on the month.
read more... 01/07/2015
Vattenfall to divest its last fossil fuel asset in Denmark
Swedish energy company Vattenfall agreed to divest its last fossil fuel asset in Denmark, the 410-MW Nordjylland combined heat power plant, to district heating company Aalborg Forsyning for DKK823m ($123.4m).
read more... 26/06/2015
Daily: European forward power prices rocket at an eight-week high tracking stronger coal, carbon prices
Crude oil declined for a second consecutive day on Thursday, dragged down by weaker U.S. refined fuels markets and eventual negative impact from Greek debt crisis on European energy demand. Brent crude decreased 29 cents, or 0.5 percent, to close at $63.20 a barrel. U.S. WTI crude declined by 57 cents, or almost 1 percent, to settle at $59.70.
read more... 26/06/2015