Latest news
Vattenfall's German grid in sale process to Elia
Elia, Belgian power grid operator, and its Australian partner, agreed with EU regulatory clearance concerning Vattenfall acquisition, a Swedish power company and a German high-voltage grid.
read more... 11/05/2010
Oil price has exceeded $77
Oil price has recovered, reaching a level higher than $77, after the EU decided to insure themselves against new risks of insolvency, promising that energy demand will tend to increase.
read more... 10/05/2010
Recovery of the European energy demand
Energy demand in Europe has recovered in the period of 2009-2010, caused by the economic crisis, when gas and electricity demand reduced.
read more... 07/05/2010
Effects after the drop in oil prices
Oil spill out the early gains just to maintain the level of $86 per barrel on Monday, since Euro zone fiscal matters are in force again, while China’s attempts to calm down its economic upsurge, are accompanied by a short- term uncertainty.
read more... 03/05/2010
PPL is buying an E.ON unit
The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.
read more... 29/04/2010