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Denmark: DONG Energy intends share listing within 18 months
Danish state-owned utility DONG Energy, Europe's biggest offshore wind farm developer, plans to follow an initial public offering (IPO) of its shares within 18 months, as it announced late on Friday.
read more... 21/09/2015
Daily: German forward power contract at a new 12-year low after Fed decision
Crude oil prices fell on Friday, with WTI losing 5%, after a selloff in Wall Street equities counterbalanced the optimistic impact of a third weekly decline in the U.S. oil rig count. The dollar appreciation worries that OPEC oil production will not be slashed and reduced political tensions in the Middle East from U.S.-Russia negotiations on Syria also weighed on oil. U.S. crude futures for front-month delivery settled down $2.22, or 4.8 percent, at $44.68 a barrel. The front-month in Brent decreased by $1.61, or 3.3 percent, to settle at $47.47.
read more... 21/09/2015
OPEC forecasts oil as high as 80 $/bbl by 2020
OPEC forecasters are assuming that oil prices will increase gradually to reach $80 a barrel by 2020, as supply growth from group non-members weakens. This is on average a $ 5 increase per year.
read more... 18/09/2015
Russia's Inter RAO intends to vend its business in Armenia
Russian energy firm Inter RAO might sell its electricity distribution unit in Armenia, a company whose claim for a power price increase caused mass protests in the former Soviet country.
read more... 18/09/2015
Daily: Crude oil declines in volatile trade on Fed’s decision to leave rate unchanged
Crude oil prices declined worldwide on Thursday, resuming their fall after a short hike following the Federal Reserve’s decision not to increase its interest rate in September. Brent crude for November delivery lost 67 cents to settle at $49.08 a barrel. U.S. October crude dropped 25 cents to close at $46.90 a barrel. Brent's premium to U.S crude withdrew, and settled at $1.88 a barrel.
read more... 18/09/2015