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Germany urges Belgium to dismantle two nuclear reactors close to its border
German Environment Minister Barbara Hendricks has asked Belgium to shut down two nuclear reactors temporarily because of concerns over safety.
read more... 21/04/2016
Daily: European spot power prices evolved differently, French prices spurred by weak renewables
Crude oil boosted 4 percent on Wednesday after a small-than-expected increase in U.S. crude stockpiles that offset oversupply worries caused by the end of Kuwait strike and on prospects that oil majors would meet again to try to reduce oil production. Brent's front-month contract rose $1.77, or 4 percent, to settle at $45.80 a barrel. It had plunged to a session low of $42.81. U.S. crude's front-month contract, for May delivery, which expired at Wednesday's settlement, climbed $1.55, or 3.8 percent, at $42.63 a barrel. The session low was $39.85.
read more... 21/04/2016
Axpo plans to vend three power plants in Italy
Swiss energy firm Axpo Group plans to sell its holdings in three gas power plants in Italy, as stated by two sources on Wednesday.
read more... 21/04/2016
Daily: Crude oil future price dropped after Kuwaiti oil workers stop strike
Crude futures declined on Wednesday after Kuwaiti oil employees ended a three-day strike that had reduced the nation's crude production by approximately half, with fears about an oversupplied market returning to the fore.
read more... 20/04/2016
Egypt: Zohr gas field will produce 1 billion cubic feet per day by end-2017
Egypt has settled with Italy's Eni to start production of 1 billion cubic feet per day of gas at the Zohr gas field, the largest in the Mediterranean, by the end of 2017, according to the oil minister Tarek El Molla on Tuesday.
read more... 20/04/2016