Crude oil prices declined by about 2 percent on Friday, spurred by a rallying dollar at a near one-month high and by profit-taking ahead of a long U.S. holiday weekend. North Sea Brent oil decreased by $1.17, or 1.8 percent, to settle at $65.37 a barrel. Brent fell 2.1 percent on the week. WTI crude fell $1.17 or 1.7 percent, to close at $59.72. It posted a 3 cents increase for the week, prolonging weekly gains for a 10th consecutive week.
read more... 25/05/2015
Germany's third-largest utility EnBW is bidding 550 million euros ($609 million) for insolvent wind park operator Prokon, expecting its all-cash offer will undermine a competing restructuring proposal that gives Prokon a higher assessment.
read more... 25/05/2015
German carbon dioxide (CO2) equivalent emissions regulated under the European emissions trading scheme (ETS) in 2014 dropped by 4.1 percent to 461.2 million tonnes, as indicated by official national data published on Friday.
read more... 25/05/2015
Oil increased for a second day on Thursday and reached $66 a barrel, encouraged by expectations that a global supply glut will reduce and by fighting in Iraq.
read more... 22/05/2015
Britain's energy market regulator Ofgem has launched an investigation to see if five power producers gave false or distorted information about planning consents for several units that participated in a capacity auction last December.
read more... 22/05/2015