Latest news
Vattenfall to proceed with lignite sale, concentrate on wind
State-owned Swedish utility Vattenfall is increasing investments in wind power as part of its effort to cut emissions and counterbalance losses at its struggling coal-fired power stations.
read more... 06/02/2015
ContourGlobal might begin constructing Kosovo power plant in 2016
ContourGlobal might begin constructing coal-fired power plant in Kosovo in 18 months, in the first significant investment in the country's energy sector in decades designed for reducing electricity shortages and creating jobs, as stated by an official at the U.S. power firm.
read more... 05/02/2015
Daily: European coal futures plunge at near nine-year low
Crude oil prices decreased on Wednesday, with WTI crude prices dipping at near six-year lows, after the government announced record-high stockpiles in the United States that intensified worries about the global oil glut that put pressure on the market since the last summer. Benchmark Brent crude declined $1.13, or 2.3 percent, to close at $48.47, after a session low at $48.29. U.S. crude's front-month contract dropped $1.78, or almost 4 percent, to close at $44.45 a barrel.
read more... 29/01/2015
Dropping Russian rouble drags European coal prices with it
Coal prices in Europe have fought more than other worldwide energy benchmarks this year, catching numerous traders by surprise, since increasing exports from Russia impacted on the market.
read more... 21/01/2015
E.ON to divest its Italian coal and gas generation assets in the Czech Republic
German-based power utility E.ON is planning to divest its Italian coal and gas generation assets to Czech energy company Energeticky a Prumyslovy Holding (EPH).
read more... 15/01/2015