Latest news
Germany’s renewable power hits a new record
Germany’s renewable electricity surpassed the old record of 74 percent on July 25, hitting 78 percent of the day’s energy demand, spurred by windy weather in the north where Germany has most of its wind turbines installed and by sunny weather in the south.
read more... 29/07/2015
Daily: Crude oil starts to gain ground after four-day loss
Crude oil prices erased a part of their recent decline on Tuesday, with Brent rebounding from near six-month lows and WTI crude rising more than 1 percent, spurred by bets for a decline in U.S. inventories which attenuated worries about a global oversupply and China’s stock market plunge. Brent futures decreased by 17 cents, or 0.3 percent, to close at $53.30 a barrel. It had hit $52.28 earlier in the session, its lowest since early February. U.S. crude futures boosted 59 cents, or 1.2 percent, to settle at $47.98 a barrel.
read more... 29/07/2015
Ukraine plans more gas imports, injections in August
Ukraine intends to raise natural gas imports from Europe in August with a view to expanding injections into storage for next winter, as stated by Energy Minister Volodymyr Demchyshyn on Monday.
read more... 28/07/2015
Daily: European prompt power prices diverge, with German down, French up
Crude oil futures touched four-month lows on Monday after a sharp decline in China’s stock markets which intensified worries about the economic health of the largest energy consumer in the world, while data showed a growing crude glut. Brent crude oil slipped $1.15, or 2 percent, to close at $53.47 a barrel. U.S. crude dropped 75 cents, or 1.6 percent, to settle at $47.39.
read more... 28/07/2015
Brazil approves $70 billion BG-Shell fusion
BG Group Plc on Friday confirmed that it has obtained final unconditional approval from Brazilian competition authority CADE for its purchase by bigger competitor Royal Dutch Shell.
read more... 27/07/2015