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France and China ink $22 billion nuclear agreement on Hollande visit
France and China inked an industrial cooperation accord on nuclear waste recycling that could be estimated at 20 billion euros ($22 billion), with approximately half of the market for Areva SA, as stated by to the French government. Areva shares increased.
read more... 03/11/2015
The Dukovany nuclear power plant operated by CEZ offline more than expected
The spokesman of the Dukovany Nuclear Plant operated by CEZ, Jiri Bezdek, has recently announced that the relaunch of the nuclear plant might be delayed. CEZ took offline the units 2 and 3 on September 17 for verifications which were initially supposed to continue three to four weeks, but the shutdown has been prolonged numerous times and could be longer than the November dates. Bezdek added that the units will be reconnected in different moments without mentioning the exact dates.
read more... 02/11/2015
Tauron CEO declared Poland needs to fuse its electricity groups
Poland has to merge some of its four largest state-run electricity firms soon to create bigger players able to compete on the European market, as stated by the CEO of the country's second major power producer Tauron on Friday.
read more... 02/11/2015
Daily: Crude oil settles higher, up 3% over the month
Crude oil futures closed higher on Friday to register a monthly gain of more than 3% on increasing expectations that crude production will soon drop. Oil-services firm Baker Hughes unveiled a weekly decline in the number of active rigs drilling for oil, but economic data intensified worries about U.S. energy demand, curbing oil increase for the session. WTI crude for December delivery closed at $46.59 a barrel on the New York Mercantile Exchange, up 53 cents, or 1.2%, for the day. Brent crude on London’s ICE Futures exchange rose by 76 cents, or 1.6%, to close at $49.56 a barrel.
read more... 02/11/2015
RWE finds associates for $2.3 billion British offshore wind park
German utility RWE has found three partners to fund the 1.5 billion pound ($2.3 billion) Galloper wind park to be constructed off the British coast, as it stated on Friday, developing the green industry critics said it ignored for too long.
read more... 02/11/2015