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EU consents rescue assistance for Romanian coal power producer
The European Commission declared on Tuesday it would permit Romania's leftist government to offer a rescue help estimated at 167 million lei ($40.3 million) to indebted state-owned coal power producer CE Hunedoara to keep it operating for the next six months.
read more... 22/04/2015
Areva orders external evaluation of Creusot Forge unit
French state-owned nuclear conglomerate Areva declared it has ordered an external evaluation of its Creusot Forge division to find the origins of possible flaws in its practices and quality control.
read more... 22/04/2015
Daily: Crude oil prices settle down as military campaign in Yemen ends
Crude oil prices declined on Tuesday after Saudi Arabia unveiled the end of its military campaign in Yemen, lessening turmoil in the Middle East and traders predicted another build in U.S. crude inventories. UK North Sea Brent crude slipped $1.37, or 2.1 percent, to settle at $62.08. U.S. crude front-month May contract which expired at the close of Tuesday's session, dropped $1.12, or 2 percent, to close at $55.26 a barrel. WTI crude for June delivery eased $1.27 at $56.61.
read more... 22/04/2015
Daily: Oil prices drop since U.S. stockpiles seen increasing
Oil prices dropped on Tuesday on expectations of another increase in U.S. stockpiles and since Saudi Arabia maintains production near record highs, but prices stayed close to a 2015 peak attained last week.
read more... 21/04/2015
Poland: PGNiG extracted 1.19 bcm of gas in first quarter
Polish gas conglomerate PGNiG extracted 1.19 billion cubic metres (bcm) of natural gas in the first quarter of 2015 compared to 1.18 bcm in the same quarter a year ago, as stated by the group on Monday.
read more... 21/04/2015