Latest news
Verbund leaves French market by vending electricity plants to KKR
U.S. private equity company KKR has decided to purchase two French power plants from Austria's Verbund for approximately 150 million euros ($188 million).
read more... 07/10/2014
Huge wind farm order in Brazil lost by Vestas
Wind turbine manufacturer Vestas Wind Energy lost an important deal in Brazil to Spanish competitor Gamesa since the Danish firm does not have the necessary local output to obtain cheap financial support for its client.
read more... 06/10/2014
Norway: Statoil signs deal to vend gas to Ukraine’s Naftogas
Norwegian energy company Statoil has inked an agreement to vend gas to Ukraine state gas firm Naftogaz, according to the Nordic company on Friday, supplying another source of gas for Ukraine after Russia’s halt of supplies.
read more... 06/10/2014
Daily: World crude oil prolong months-long string of declines on U.S dollar appreciation
World crude oil prolonged months-long run of declines on Friday, with Brent hitting a new 27-month low as the dollar appreciated following optimistic U.S. employment data and further signs of robust oil supply. Brent crude for November delivery fell $1.11 to settle at $92.31, after earlier touching $91.48 a barrel, its weakest level since June 2012. WTI November crude dropped by $1.27 to settle at $89.74 a barrel.
read more... 06/10/2014
Britain’s SSE signed long-term gas deal with Norway’s Statoil
British company SSE has signed gas supply contract for a period of 6 years with Norway's Statoil for 500,000 therms (1.4 million cubic metres) of gas daily, according to SSE on Friday.
read more... 06/10/2014