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Statoil: contract of NOK 8 billion for oil platform awarded to Aibel

Statoil has awarded a deal estimated at NOK 8 billion (£0.7bn) to construct an offshore drilling platform.

read more... 26/02/2015

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Daily: European power prices rally after “positive” EU carbon vote

Brent crude futures soared 5 percent on Wednesday, after Saudi Arabia’s oil minister said oil demand was increasing and figures showed Chinese factories were producing more than projected. Brent crude for April delivery boosted $2.97 to settle at $61.63 a barrel. WTI April crude climbed $1.71 to close at $50.99.

read more... 26/02/2015

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Slovak gas importer SPP may assure gas supplies to consumers

Slovak natural gas importer SPP may ensure supplies to all its clients for the remaining of the winter season even if deliveries of Russian gas via Ukraine were to be halted, as stated by a representative on Wednesday.

read more... 26/02/2015

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France: Southern gas trading hubs will unite on April 1

The two gas trading hubs in the south of France will fuse on April 1, as stated by power trading group Powernext on Tuesday, denoting a first step towards an integrated French gas platform intended at preventing the big price swings presently seen in the market.

read more... 25/02/2015

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Sunpower, First Solar JV negotiations increase solar sector

Shares of solar firms increased on Tuesday, a day after SunPower Corp and First Solar Inc declared they were in negotiations to conjointly develop several assets, a move estimated to produce stable cash flows for the long-standing competitors.

read more... 25/02/2015

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