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Daily: French spot power prices fell on higher nuclear availability

Crude oil prices posted a modest increase on Thursday on preliminary U.S. data indicating weekly jobless claims at a near 15-year low, showing signs of further strength in the world’s largest economy. WTI crude rose 8 cents to close at $44.53 a barrel, rebounding from its session low of $43.58. Brent crude increased 66 cents to settle at $49.13 a barrel, off its session peak of $49.24.

read more... 30/01/2015

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Gazprom will make an investment of around $500 million in Kyrgyzstan in 2015-2017

Russian state gas producer Gazprom will spend approximately 34 billion roubles ($495 million) in 2015-17 to improve and develop gas infrastructure it purchased in Kyrgyzstan and guarantee stable gas supply, as stated by Gazprom CEO Alexei Miller on Friday.

read more... 30/01/2015

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EDF declares first Taishan nuclear plant to be completed end 2015

French utility EDF anticipates the first of two nuclear reactors under construction in China, which have been issue to frequent postponements, to be finished at the end of this year.

read more... 30/01/2015

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Cyprus in negotiations with Noble on exploitation of gas discovery

Cyprus and U.S. energy firm Noble are talking about the possible exploitation of a gas field found in 2011, as stated by the island's energy minister on Wednesday.

read more... 29/01/2015

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Germany will start first auction of terrain for solar power

Germany will launch a first auction of terrain for solar power installations from next month since it aims to bring renewable energy into the wholesale power market, away from a costly period of subsidies.

read more... 29/01/2015

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