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Czech Republic against carbon market reform before 2021

The Czech Republic opposes to hastening reform of the EU Emissions Trading System (ETS), but would sustain putting additional allowances into a reserve the European Commission has suggested as a possibility of consolidating the price of carbon allowances.

read more... 05/03/2015

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RWE to maintain dividend steady in 2014

RWE will pay a steady dividend of 1 euro ($1.12) per share for 2014, reducing worries that the utility may diminish its pay-out as a result of the sector's crisis, as stated by a source familiar with the matter on Tuesday.

read more... 04/03/2015

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Nineteen EU nations distribute 500 million free 2015 CO2 permits

Nineteen countries, counting Germany, Britain and France, have thus far distributed a total of approximately 500 million free European Union carbon permits to industry to cover their 2015 emissions, as indicated by European Commission data on Tuesday.

read more... 04/03/2015

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Asian spot LNG prices eject Europe as world’s leader

Asian spot liquefied natural gas (LNG) prices have re-established a premium over competing European benchmarks, reversing a month-long tendency, since Atlantic markets sucked up further supply generating deficits elsewhere.

read more... 03/03/2015

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Areva to reduce wage bill by 15% since forecasts worsen

French nuclear conglomerate Areva intends to reduce 15 percent of its wage bill to save 300 million euros ($337 million) a year within three years among fading sales predictions for its reactors.

read more... 02/03/2015

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