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Siemens and French government get involved in Alstom agreement

Siemens and the French government got involved in the plan of General Electric to purchase the power division of Alstom on Sunday with an another European offer and a promise to take action in France's national interest.

read more... 28/04/2014

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Daily: European power prices rebound after Easter decline

Brent crude fell on Tuesday, but the losses were capped by continued worries about the intensification of conflicts in Eastern Ukraine, that could trigger further Western sanctions against Russia and cut supplies. WTI crude oil also declined on Tuesday ahead of figures that should indicate that stockpiles in the U.S. were close to hit record highs. The unequal decrease of West Texas Intermediate crude futures drove to the widening of the Brent-WTI spread by more than a dollar.

read more... 23/04/2014

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Chinese conglomerate puts single offer for Bosnia’s 450 MW coal-fired unit

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

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France: shut down of the oldest nuclear plant after incident, no danger posed

The oldest nuclear power plant in France, Fessenheim, was closed on Saturday after an incident at the facility away from the reactor which did not cause any jeopardy, according to the EDF operator.

read more... 22/04/2014

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GDF Suez: legal case lost on Belgian nuclear tax of 1 billion euros

The Belgian unit of the French utility GDF Suez declared that a Brussels court had decided in favor of the government in a case concerning approximately 1 billion euros ($1.4 billion) in taxes charged on its profits from producing nuclear power.

read more... 18/04/2014

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