Capital Stage, an operator of wind and solar parks based in Hamburg, intends to make an investment of hundreds of millions of euros next year after obtaining insurer Gothaer as an associate, as stated by its chief executive to a German newspaper.
read more... 22/12/2014
German utility E.ON declared on Thursday it has put in operation two large-scale renewable energy projects in the U.S., reinforcing its position in a developing market.
read more... 19/12/2014
A project to produce liquefied natural gas, Yamal LNG, may obtain state support of 150 billion roubles ($2.5 billion) from Russia's National Wealth Fund in the first quarter, as stated by Interfax news agency citing an economy ministry representative on Thursday.
read more... 19/12/2014
Global crude oil prices posted a fresh decrease on Thursday, a day after a short-covering gain, as traders bet again that the market would resume a six-month rout on concerns about a supply glut. Brent and U.S. crude slumped 2$ a barrel each in late trading after initially extending Wednesday's short-covering. Brent's front-month contract eased $1.91 to settle at $59.27 a barrel, after reaching a session low at $59.17. U.S. crude's front-month contract slipped $2.36 to close at $54.11, having fallen to $54.05 earlier.
read more... 19/12/2014
Sweden's government has agreed to almost double a tax nuclear power plant operators pay to the nuclear waste fund, so as to aid it cover the increasing costs of dismantling, as stated by the environment ministry on Thursday.
read more... 19/12/2014