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
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
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
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
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