China’s National Energy Administration (NEA) announced it will further curb plans for the construction of coal-fired power plants by cancelling some projects that were already approved this year.
read more... 20/10/2016
The price of completion of two new units at Slovak nuclear power plant Mochovce is expected to rise by at least another 500 million euros ($548.75 million) and the country's biggest investment faces further delays, according to a country’s minister.
read more... 20/10/2016
Crude oil prices rallied over 2 percent on Wednesday, with WTI crude reaching the highest level in 15 months after the government unveiled an unexpected large decline in stockpiles for the sixth week out seven. London-traded Brent crude rose by 99 cents, or 1.9 percent, at $52.67. U.S. WTI crude for November delivery settled up $1.31, or 2.6 percent, at $51.60 a barrel for its highest settlement since July 14. Its session high of $51.93 was the highest in 15 months.
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Qatargas, the world's largest LNG producer, said on Wednesday it inked a five-year sales and purchase agreement with Petronas LNG UK.
read more... 19/10/2016
The Austrian power prices could increase if the European energy regulator ACER decides in November to split Austrian and German power markets, which have been bundled together since 2002, stated the head of Austria's energy regulator.
read more... 19/10/2016