Brent crude increased on Thursday, spurred by weak output in Libya and crisis in Ukraine, while WTI crude prices boosted on a considerable drawdown in gasoline that offset an increase in overall crude stocks.
read more... 30/05/2014
Gas and coal-fired plants in Austria and France would be mothballed or closed by the Austrian utility Verbund after a year spent analyzing its alternatives, due to their unprofitability.
read more... 15/05/2014
Vattenfall stated on Tuesday it was closing research and development in carbon capture for coal power and reduce it in domains such as offshore wind power in a move that would cut over 40 jobs across the state-owned energy group.
read more... 07/05/2014
The Czech government has approved an accord consenting New World Resources to keep on running its unprofitable Paskov hard coal mine to end-2017, which would maintain 1,800 jobs, according to Industry Minister Jan Mladek.
read more... 29/04/2014
The single bidder in the project to construct a coal-fired power generation unit of 450 megawatts in Bosnia remained a Chinese group, just after Hitachi retreated from the competition, as stated on Tuesday by Bosnia's power utility EPBiH.
read more... 23/04/2014