Latest news
Fortum makes non-binding proposal for Ekokem
Finnish utility Fortum declared on Friday it has made a symbolic, non-binding offer to purchase over 80 percent of shares in waste treatment firm Ekokem.
read more... 13/05/2016
Spanish Gas Natural to focus on renewables to spur its profit by 2020
Spain’s Gas Natural will heavily invest in expanding its networks and in the production of renewable electricity to boost its profit by 6 to 8 percent by 2020.
read more... 12/05/2016
EDF: Hinkley Point equity cost might increase to 21 billion pounds
French utility EDF declared on Thursday that contingency margins on its project to construct two nuclear reactors in Hinkley Point, Britain might raise the cost by around three billion pounds to approximately 21 billion pounds ($30.27 billion).
read more... 12/05/2016
German government suggests reducing support for onshore wind energy
The German government has suggested cutting support for onshore wind energy by 7.5 percent for two years starting from January 2017, as mentioned in a draft proposal for a meeting on green energy between the federal government and Germany's 16 states.
read more... 12/05/2016
Daily: Brent up over 4% on first U.S. crude stockpiles drawdown since March
Crude oil prices increased on Wednesday, with Brent up more than 4 percent for a second consecutive day, after the U.S. government declared that crude stockpiles declines the first time since March, growing concerns over supply disruptions in Canada and Nigeria. Oil markets prolonged gains after the data release. Brent crude futures rose $2.08, or 4.6 percent, to settle at $47.60 per barrel. In the previous session it increased by 4.3 percent. U.S. crude's West Texas Intermediate futures boosted $1.57, or 3.5 percent, to close at $46.23.
read more... 12/05/2016