Latest news
Poland: PGE inaugurates first solar power plant
Poland's major electricity producer PGE has begun operating its first solar power plant as part of a plan to generate more power from green sources, as stated by the company on Wednesday.
read more... 15/10/2015
E.ON sells Norwegian E&P activity for $1.6 billion to DEA Deutsche Erdoel AG
E.ON has inked an accord to sell 100 percent of its shares in E.ON E&P Norge AS (E.ON E&P Norge) to DEA Deutsche Erdoel AG (DEA). The deal is valued at $1.6 billion, counting $0.1 billion of cash on the balance sheet. It is expected to close by the end of 2015, since it is subject to normal regulatory approvals.
read more... 15/10/2015
Poland’s Tauron to buy coal mine assets as a part of restructuring plan
Poland's second biggest power firm Tauron is envisaging assets swap with the state-run Brzeszcze coal mine in the southern Poland.
read more... 14/10/2015
Daily: Crude oil prices reverse early gains on IEA oversupply concerns
Crude oil prices reversed earlier gains and settled lower on Tuesday after the International Energy Agency (IEA) renewed fears that the market remains oversupplied. U.S. crude closed at $46.66 per barrel, down 0.93 percent, or 44 cents, slashing previous gains over a dollar on technical trades. Brent futures for November delivery settled at $49.24 per barrel, falling 1.24 percent, or 62 cents. Brent futures were above $50 in earlier trading.
read more... 14/10/2015
Solar power market growth in Europe down by 36% in 2014
The solar power market growth in Europe decelerated in 2014 with a total of 7 gigawatts (GW) of capacity added, or a decline of 36 percent from the previous year because of reductions in support schemes, as stated by Europe's solar industry association EPIA.
read more... 14/10/2015