Nasdaq Commodities told traders on Wednesday its clearing house would stop admit non-backed bank guarantees as security next year to comply with EU regulations, eliminating "a pillar" of the Nordic electricity market that could touch 60 percent of its participants.
read more... 30/04/2015
Polish coal miner Lubelski Wegiel Bogdanka intends to pay out dividend at 3 zlotys per share or a total of 102 million zlotys ($28.30 million), as stated by the company on Thursday.
read more... 30/04/2015
Russian natural gas and oil producer Gazprom endured an 86 percent decrease in net income in 2014 due to the rouble's weakness, the drop in global oil prices and a conflict with Ukraine.
read more... 30/04/2015
Crude oil prices rocketed at the highest level this year on smaller-than-expected rise last week in crude stockpiles throughout the United States indicating that the oil glut will start to lessen. U.S. crude futures are expected to settle April up nearly 23 percent and Brent almost 20 percent higher, the largest monthly gains since May 2009 when the global economy was starting to pick up from the financial collapse. Brent crude rallied $1.20 to settle at $65.84 after hitting its year high at $66.72. U.S. crude futures rose by $1.52 at $58.58 a barrel, after reaching a 2015 peak of $59.33.
read more... 30/04/2015
Coriolis Energy and Ireland's Electricity Supply Board (ESB) have decided to jointly develop nine onshore wind farms across Britain capable of producing sufficient electricity to power 225,000 homes, according to their statement on Tuesday.
read more... 29/04/2015