Latest news
PPL is buying an E.ON unit
The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.
read more... 29/04/2010
The coal market in Europe
The coal prices decreased on Tuesday by 2 dollars as consequence of the sales made by several banks on Monday. According to traders and utilities, it was a necessity to reduce prices from the level of 100 dollars per ton for the punctual South African cargoes, because of the rapid increase.
read more... 29/04/2010
Germany inaugurated its first offshore wind farm
First German offshore wind farm, Alpha Ventus, was inaugurated at a ceremony in Norddeich, situated 45 kilometers off the coast of the island of Borkum.
read more... 29/04/2010
Offshore wind capacity reached 1 GW in UK
At present, UK is a global leader in offshore wind energy generation, its growing offshore wind capacity reaching 1,041GW, as E.ON’s Robin Rigg wind farm and DONG Energy’s Gunfleet Sands farms started producing electricity.
read more... 28/04/2010
Romania wants to reduce its participation in Petrom
OMV, Austrian major oil and gas group, does not intend to increase its share in its Petrom division, even though the Romanian government would like to vend a part of its 21% stake in order to reduce its participation to 8%, according to OMV’s representative on Tuesday.
read more... 27/04/2010