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Areva orders external evaluation of Creusot Forge unit
French state-owned nuclear conglomerate Areva declared it has ordered an external evaluation of its Creusot Forge division to find the origins of possible flaws in its practices and quality control.
read more... 22/04/2015
Costs for Germany’s nuclear exit might increase to 70 billion euros
The bill for closing Germany's nuclear power plants and constructing a secure disposal location for nuclear waste might increase to 70 billion euros, the manager of a government commission declared to daily Frankfurter Rundschau in an interview.
read more... 21/04/2015
Europe to sketch out energy crisis emergency plans
The European Union is working on contingency plans to make member states better equipped for any kind of energy supply outages, as stated by Europe's energy and climate chief on Thursday.
read more... 17/04/2015
Daily: European spot power prices diverge on weaker French nuclear, stronger German wind output
Crude oil futures boosted on Tuesday on evidence of declining oil production in North Dakota, depreciation of dollar and turmoil in the Middle East, especially in Yemen. Brent crude firmed by 50 cents to settle at $58.43 a barrel, ahead of Wednesday's May contract expiration, closing just above its $58.40 100-day moving average. WTI crude for May delivery climbed $1.38 to close at $53.29, soaring above its 100-day moving average of $52.96.
read more... 15/04/2015
Russia might offer Greece advance funds for future gas project
Russia is thinking about soon offering Greece funds based on future earnings it could obtain from conveying Russian gas to Europe as part of a pipeline development, as stated by two Greek government sources on Wednesday.
read more... 09/04/2015