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Daily: European power prices jump on colder weather forecasts, weak renewable supply
Brent crude boosted almost $2 a barrel on Friday for its sharpest daily gain in three weeks as a support came a day after prices plunged to four-year lows below $80. Brent's new front-month contract, for January delivery, settled at $79.41 from Thursday's $77.49. U.S. crude's front-month increased by $1.61 to close at $75.82 a barrel, after a four-year low at $73.25 and session high of $76.30.
read more... 17/11/2014
Spain’s Cepsa-managed conglomerate suggests takeover of Salamander Energy
A consortium run by Spain's Compania Espanola de Petroleos (CEPSA) has suggested a takeover of London-listed oil explorer Salamander Energy.
read more... 17/11/2014
Alstom wins a $430 million contract from Mexico City to modernize trains
French engineering consortium Alstom SA has been awarded a contract of 5.812 billion peso ($429.4 million) to modernize 85 trains utilized in the Mexico City metro system, as stated by the government of the Mexican capital.
read more... 17/11/2014
Nordex increases sales predictions on higher wind turbine demand
Germany's Nordex raised its sales anticipations for the second time this year, encouraged by strong demand for its wind turbines in the United States and Europe.
read more... 14/11/2014
Ukraine should purchase coal from Russia to pass through winter
Ukraine will be obliged to purchase coal from Russia to pass through the winter, a serious hold up to the country's efforts to reduce energy reliance on its influential neighbor, as stated by Ukrainian Energy Minister Yuri Prodan on Wednesday.
read more... 14/11/2014