Brent crude oil futures dropped on Wednesday on fading concerns that international sanctions over Russia will have an impact on oil supplies, while U.S. crude oil boosted ahead of the contract's expiration and on stockpiles draw at the oil hub in Cushing, Oklahoma.
read more... 20/03/2014
Alstom has been awarded with a contract from RheinEnergie for providing the combined-cycle heat and power plant (CHP) in Niehl, Germany, with a 560 MVA, 410/21kV transformer.
read more... 19/03/2014
Brent crude oil prices climbed on Tuesday on violent rapports in Crimea, while the American benchmark skyrocketed to its highest level in a week on strong build in U.S. equities. Brent crude oil rose by 55 cents to settle at $106.79 per barrel, after touching a six-week low on Monday. Meanwhile, its equivalent WTI oil benchmark closed $1.62 higher at $99.70 per barrel.
read more... 19/03/2014
Hitachi-led consortium won a contract of about 3.25 billion zlotys ($1 billion dollars) from Poland’s main utility group PGE to build a coal-fired unit of a capacity of 430-450 MW, according to a member of the conglomerate. The unit is likely to be constructed at PGE’s Turow plant in south-eastern Poland.
read more... 19/03/2014
An ultimatum has been given by Bulgaria to three foreign-owned energy distributors until Wednesday to reimburse the debt they have with state power supplier NEK, otherwise they may lose their licenses.
read more... 19/03/2014