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Poland estimates electricity consumption restrictions increased on Wednesday
Poland's grid operator PSE declared it anticipated to raise completely electricity consumption limits on Wednesday after a heat wave obliged it to lessen supply to industry this week for the first time in more than a decade.
read more... 12/08/2015
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
Poland: Electricity grid at risk because of heatwave
Poland's electricity grid operator Polskie Sieci Elektroenergetyczne (PSE) declared on Friday that a heatwave was progressively restraining the country's power production and might put its operations at risk.
read more... 10/08/2015
Daily: Crude oil plunges to multi-month lows on gasoline oversupply
Crude oil prices plunged, touching multi-month lows and heading for a sixth consecutive week of losses, mainly dragged down by the approaching end of the U.S. summer driving season which increased the surplus in gasoline supply. U.S gasoline inventories surpassed market estimates by about 300,000 barrels last week, pulling down global oil benchmark Brent to six-month lows and U.S. crude to a 4-1/2-month trough since Wednesday, according to government data. Brent declined by 91 cents, or 1.8 percent, to settle at $48.61 a barrel on Friday, after hitting a more than six-month low of $48.45. U.S. crude decreased by 79 cents, or 1.8 percent, to close at $43.87, after hitting a more than four-month session low of $43.80.
read more... 10/08/2015
Germany adds significant new offshore wind capacity
Germany added more than three times the quantity of offshore wind capacity in the first half of this year than in the same period of 2014 and the country hopes to reach half of its 2020 offshore objective of 6,500 megawatts (MW) later this year.
read more... 07/08/2015