Crude oil boosted 4 percent on Wednesday after a small-than-expected increase in U.S. crude stockpiles that offset oversupply worries caused by the end of Kuwait strike and on prospects that oil majors would meet again to try to reduce oil production. Brent's front-month contract rose $1.77, or 4 percent, to settle at $45.80 a barrel. It had plunged to a session low of $42.81. U.S. crude's front-month contract, for May delivery, which expired at Wednesday's settlement, climbed $1.55, or 3.8 percent, at $42.63 a barrel. The session low was $39.85.
read more... 21/04/2016
Swiss energy firm Axpo Group plans to sell its holdings in three gas power plants in Italy, as stated by two sources on Wednesday.
read more... 21/04/2016
French energy firm Engie looks to sell its Polaniec coal-fired power plant, as stated by the company on Tuesday, confirming a report in a Polish newspaper.
read more... 20/04/2016
French energy giant Engie envisages selling its assets in Poland, including the 1800 megawatt (MW) coal fuelled power plant in the south-eastern town of Polaniec, according to Puls Biznesu daily.
read more... 19/04/2016
Norway is set to end its renewable energy subsidy scheme to new entrants in 2020 and 2021, as it aims to spur competition in developing power lines to other countries the government declared on Friday.
read more... 18/04/2016