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Daily: European coal slumps on low demand, warmer temperatures
Brent crude declined on Wednesday as concerns about supply disruptions from Iraq eased, while WTI crude oil climbed on news that the U.S. federal officials approved exports of condensate, an ultra-light oil.
read more... 26/06/2014
Daily: European coal prices plunge to new multi-year lows on oversupply
Brent crude rocketed to a nine-month high over $115 a barrel on Thursday as the United States said it would send up to 300 military advisers to Iraq, increasing worries about an intensification of conflict. Brent boosted 80 cents to hit $115.06 a barrel, the highest level since September 6. The U.S. crude oil futures contract for July delivery, which expires on Friday, increased 46 cents to close at $106.43.
read more... 20/06/2014
Daily: European coal prices for July delivery hit a record low on weak demand, thin profit margins
Brent crude reversed earlier gains to close down on Tuesday, while WTI crude oil also dropped on a stronger dollar and profit taking by traders after solid gains on Monday.
read more... 11/06/2014
EU policy paper offers assistance to export coal-fired power plants
European manufacturers of coal-fired power plants should obtain financial aid to export the equipment, as stated by in an EU policy paper, challenging environmental opposition to any type of subsidy for coal.
read more... 04/06/2014
Chinese firm proposes lowest price for Montenegro power plant
Montenegro's power utility, EPCG announced on Thursday that China's Hubei Electric Power Survey & Design Institute has proposed the lowest bid to construct a new coal-fired unit of 250 MW at its Pljevlja power plant.
read more... 30/05/2014