Romanian state-owned electricity producer Hidroelectrica hopes to finally exit its insolvency process by next month, and intends to vend a minority stake in an initial public offering by November, as stated by its manager on Sunday.
read more... 04/04/2016
The European Investment Bank on Wednesday will offer 500 million pounds ($719.70 million) to aid connect Scotland's green energy schemes such as wind, wave and tidal to the electricity grid.
read more... 31/03/2016
Crude oil prices declined about 3 percent on Tuesday, mirroring intensifying concerns that a two-month hike vanished as demand fails to keep pace with oversupply, including new output from Kuwait and Saudi Arabia. Brent crude eased $1.13 to settle at $39.14 a barrel, while U.S. crude lost $1.11 to close at $38.28 per barrel.
read more... 30/03/2016
The regulator in Bosnia's independent Serb Republic on Friday allowed the region's electricity utility Elektroprivreda Republike Srpske (ERS) to increase power prices by an average 4.9 percent from May.
read more... 29/03/2016
An underwater electricity connection between Sweden and Lithuania will be out of service until April 8, longer than previously anticipated, Sweden's power grid operator declared on Thursday.
read more... 25/03/2016