Latest news
Daily: European power prices climb ahead of EU crucial carbon vote
Crude oil futures dropped on Tuesday on expectations that U.S. crude stockpiles boosted again countered supportive news of Libyan oil fields being closed by a power cut. Brent crude for April delivery eased 24 cents to close at $58.66 a barrel, after hitting $60.30. U.S. crude for April delivery dropped 17 cents to settle at $49.28, off a $50.33 intraday peak.
read more... 25/02/2015
EC: GE – Alstom deal may cripple the major competitors in heavy-duty gas turbines business
EU antitrust regulators launched on Monday a full-scale investigation into General Electric’s €12.4bn (£9.1bn) bid for Alstom’s power equipment business.
read more... 24/02/2015
Russian gas transit to Europe to be jeopardized if Ukraine fails to pay
Russian gas giant Gazprom warned on Tuesday that gas transit to Europe may be at stake after Ukraine hesitated to pre-pay for its deliveries.
read more... 24/02/2015
Daily: Crude oil declines 2 percent on supply glut concerns, dollar appreciation
Crude oil futures declined more than 2 percent on Monday on investors’ concerns about supply glut and the dollar appreciation, but heating oil futures rose 5 percent amid operational issues at main U.S. refineries.
read more... 24/02/2015
Turkey to install 61 GW of renewables capacity by 2023
Turkey, assisted by the European Bank for Reconstruction and Development (EBRD), envisages the deployment of 61 GW of renewable capacity by 2023, including 20 GW of wind.
read more... 24/02/2015