Latest news
EDF’s board of directors approve the final investment decision for Hinkley Point C nuclear power plant in UK
French electricity giant EDF made the final investment decision to build the two nuclear reactors at Hinkley Point C in Somerset, in south-west England.
read more... 01/08/2016
Turkish Stream natural gas negotiations with Russia resume
Russian Energy Minister Aleksandr Novak declared that the negotiations with Turkey have restarted on the Turkish Stream natural gas project on Friday.
read more... 01/08/2016
Daily: WTI posts the biggest monthly loss in a year in July
Crude oil prices were flat on Friday after reaching three-month lows during a week-long selloff driven by a continuing global oversupply , prompting a monthly decline of nearly 15 percent, the largest monthly loss in a year for U.S. WTI. Brent contract for September delivery, which expired as the front-month contract, ended at $42.46 a barrel, down 0.6 percent on the day and 14.5 percent lower on the month. That was the biggest monthly decline for Brent since December. Brent contract for October delivery boosted 30 cents to close at $43.53, after attaining $42.52, its weakest level since April 19. WTI contract for September delivery gained 46 cents, or 1 percent, to settle at $41.60 a barrel, after declining below $41 for the first time since April 20.
read more... 01/08/2016
European Commission will offer financial assistance to TANAP
The European Commission will give financial aid to the Trans Anatolian Pipeline project (TANAP) firm for its study and design of commercial operations and its asset integrity management systems, as stated by the company on Thursday.
read more... 29/07/2016
EDF to sell a 49% stake in power grid unit RTE
French utility EDF has unveiled it launched exclusive negotiations with Caisse des Dépôts and CNP Assurances to form a long-term partnership for the development of RTE.
read more... 29/07/2016