Oil prices fell on Thursday, backing off from recent gains that were stimulated by tension around northern Iraq after the Kurdistan region's vote in favour of independence. Brent crude price settled down 49 cents, or 0.9%, at $57.41 a barrel. Meanwhile, WTI crude traded 1.1% lower at $51.56 a barrel.
read more... 29/09/2017
The first-half net profit of Greece’s Public Power Corp (PPC) fell by 75% as one-off charges outweighed its sale of power grid operator ADMIE.
read more... 28/09/2017
Brent prices slumped on Wednesday, while U.S. crude rallied, after oil stockpiles in the world's major consumer unpredictably drew down with refiners coming back online following Hurricane Harvey last month.
read more... 28/09/2017
Here's a quick snapshot of the main energy indicators in the last 7 days.
read more... 28/09/2017
Czech utility CEZ plans to sell its Bulgarian assets, for which 5 bidders were shortlisted. The company should settle on a transaction by the end of the year, or in case it cannot obtain the right price, it might scrap it, as told by a board member to Reuters. The names of the bidders were not disclosed, but it is said that the firms had experience in the Balkans, as announced by Tomas Pleskac.
read more... 28/09/2017