Latest news
Daily: British spot gas prices edge higher on undersupplied market
Crude oil prices rose by 1 percent in a volatile trade on Thursday, with U.S. crude attaining six-month highs as investors were influenced by a forecast for weakening global supplies against signs of another stockpiles increase at the hub for U.S. crude futures. Brent crude futures edged 48 cents up at $48.08 per barrel. U.S. crude's WTI futures boosted 47 cents to close at $46.70. It rallied to a six-month high of $47.02.
read more... 13/05/2016
Fortum makes non-binding proposal for Ekokem
Finnish utility Fortum declared on Friday it has made a symbolic, non-binding offer to purchase over 80 percent of shares in waste treatment firm Ekokem.
read more... 13/05/2016
Spanish Gas Natural to focus on renewables to spur its profit by 2020
Spain’s Gas Natural will heavily invest in expanding its networks and in the production of renewable electricity to boost its profit by 6 to 8 percent by 2020.
read more... 12/05/2016
EDF: Hinkley Point equity cost might increase to 21 billion pounds
French utility EDF declared on Thursday that contingency margins on its project to construct two nuclear reactors in Hinkley Point, Britain might raise the cost by around three billion pounds to approximately 21 billion pounds ($30.27 billion).
read more... 12/05/2016
German government suggests reducing support for onshore wind energy
The German government has suggested cutting support for onshore wind energy by 7.5 percent for two years starting from January 2017, as mentioned in a draft proposal for a meeting on green energy between the federal government and Germany's 16 states.
read more... 12/05/2016