Latest news
Engie to sell its coal assets in Poland
French energy giant Engie envisages selling its assets in Poland, including the 1800 megawatt (MW) coal fuelled power plant in the south-eastern town of Polaniec, according to Puls Biznesu daily.
read more... 19/04/2016
Daily: Brent crude hikes four-month high ahead of Doha producers meeting
Brent crude prices rallied to a four-month high on Monday, spurred by strong commodities markets ahead of Doha meeting on April 17 aimed at freezing current output levels. Brent crude futures, the global benchmark, rose 89 cents, or 2.12 percent to settle at $42.83 a barrel, after hitting the highest level since December 7 earlier in the day. U.S. crude futures boosted 64 cents, or 1.6 percent, to close at $40.36 a barrel.
read more... 12/04/2016
Allianz expects to double infrastructure investments in the following 2-3 years
German insurer Allianz is looking to double its investments in infrastructure and clean energy projects within the next two to three years since it wants to diversify on where it invests its 638 billion euros ($726 billion) of assets, the manager of Allianz Capital Partners (ACP) declared.
read more... 12/04/2016
Fortum and Veolia will enter the bidding for EDF's Polish assets
Fortum and Veolia will join the bidding for French utility EDF's Polish heating assets, as stated in the newspaper Puls Biznesu on Friday.
read more... 04/04/2016
Daily: Oil prices stay flat as U.S. rig count decline offsets inventories concerns
Crude oil prices were flat on Thursday, cutting losses after a fresh decline in U.S. oil rigs, but analysts and traders stated that there it could occur another selloff in the next week if WTI crude inventories hit record highs again. U.S. crude's front-month contract eased 33 cents to close at $39.46 a barrel, rebounding from a session low of $38.33. For the week, it added two cents, settling up for a sixth consecutive week. Brent's front-month lost 3 cents on the day to trade at $40.44 a barrel, after an earlier decline to $39.22. For the week, it tumbled 76 cents, or nearly 2 percent, its first loss in six weeks.
read more... 25/03/2016