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French EDF acquires Areva's reactor assets
French state-owned power utility EDF signed a contract on November 15 to acquire loss-making Areva’s nuclear reactors in a deal worth 2.5 billion euros ($2.7 billion).
read more... 16/11/2016
Daily: French year-ahead power contract hits new record high on nuclear worries
Crude oil prices soared 6 percent on Tuesday, with U.S. crude hitting its largest daily percentage gain in seven months on revived expectations that OPEC will agree later this month to limit a global oversupply. U.S. crude closed the session $2.49 higher at $45.81 per barrel, a 5.8 percent gain, its biggest daily percentage hike since early April. Brent futures ended at $46.95 a barrel, up $2.52, or 5.7 percent, its largest percentage gain since September 28.
read more... 16/11/2016
Greensolver to build a 10 MW wind farm in France
Greensolver, the independent technical expert for wind & solar farms, has been elected by Elicio, a Belgian renewable energy producer, to manage the construction of a new wind farm located in Pays de la Loire, France.
read more... 15/11/2016
China seeking to participate in Areva restructuring
Chinese firms are seeking to participate in the restructuring of French state-run nuclear conglomerate Areva, Chinese Vice Premier Ma Kai announced reporters on Monday.
read more... 15/11/2016
Daily: French spot power prices rally over 45% on nuclear uncertainty
Crude oil prices were mainly flat on Monday, recovering from three-month lows as OPEC members are still at odds over how to share output cuts, a report said. Brent crude futures closed at $44.43 per barrel, down 0.72 percent, after slipping as low as $43.57. U.S. crude shed 0.2 percent to settle at $43.32, after reaching a low of $42.20. Both benchmarks' session lows were the weakest levels since August 11.
read more... 15/11/2016