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Germany: Wind turbine manufacturer Nordex expects increased sales, margins by 2017

German wind turbine producer Nordex predicts its annual sales to increase by approximately 40 percent and operating profit margin to have more than doubled by 2017 because of a mix of cost reductions, innovative products and rising demand in European markets.

read more... 25/09/2014

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Daily: European carbon allowances recover from an 11-week low, up 2.7%

Crude oil prices closed higher on Wednesday, recovering from previous losses after a report showed a surprising drawdown in crude oil stockpiles in the United States, the biggest consumer in the world. Brent crude for November delivery boosted by 10 cents to settle at $96.95 a barrel, increasing over $1 from $95.60, the lowest level since July 2012. WTI crude gained $1.24 arriving at $92.80 a barrel.

read more... 25/09/2014

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Poland: Coal imports from Russia are blocked by miners at border

Several 200 Polish miners blocked trains transporting Russian coal at a border passage in northern Poland to object to the less expensive Russian coal being imported in a moment when local mines are fighting, as declared by the mining union leaders on Wednesday.

read more... 25/09/2014

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Germany: gas trading increases in 2014, European hubs develop

Gas trade is enhancing in Germany corresponding to a continental European tendency which has also improved expansion in the larger Dutch market, defying Britain's supremacy of the sector.

read more... 24/09/2014

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Daily: Brent crude dips as supply glut offsets Mideast turmoil

Brent crude oil dropped on Tuesday as plentiful global supplies offset tensions in the Middle East, while U.S. crude oil rebounded after four sessions of losses. Brent crude for November delivery slipped 12 cents to close at $96.85 a barrel after increasing as high as $97.59 a barrel in early trading. WTI crude jumped 69 cents to settle at $91.56 a barrel, recovering from a session low of $90.58, which was its weakest level since September 11. Its premium to Brent narrowed to around $5.25 a barrel.

read more... 24/09/2014

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