ENI, a major integrated energy company based in Italy and one of Europe’s leading gas wholesalers, inked an agreement on Thursday to review its long-term gas supply contract with Norway's Statoil that is supposed to increase its operating profit by approximately 1 billion euros ($1.4 billion) in 2014.
read more... 28/02/2014
German utility RWE expects to register a net loss of about 3 billion euros ($4 billion), as stated on Thursday in the digital edition of German newspaper Handeslblatt, referring to management board sources.
read more... 28/02/2014
Brent oil futures dropped on Thursday, dragged down by escalating turmoil in Ukraine that slashed the global risk appetite. U.S. oil futures also registered a decline, but losses were offset by figures showing the fourth consecutive weekly decline in oil stocks at WTI benchmark delivery point at Cushing, Oklahoma.
read more... 28/02/2014
SunEdison, solar technology manufacturer based in US, declared that it has completed debt financing transaction with Deutsche Bank for the rebuilding of photovoltaic plants in the UK.
read more... 28/02/2014
Energy manufacturers in UK are very negative about high costs issue, according to a new study.
read more... 27/02/2014