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Daily: European spot power prices up on tighter supply, while forward down tracking coal, carbon
Crude oil prices closed down on Thursday after figures showed robust weekly stockpiles at the U.S. crude storage hub despite a pipeline outage, but prices pared losses on short covering, indicating more volatility ahead. Brent futures eased 41 cents, or about 1 percent, to settle at $39.43 a barrel, backtracking losses from the session low that saw Brent down more than $1, or nearly 3 percent. WTI crude futures ended down 49 cents at $37.26, after plunging as low as $36.69.
read more... 08/04/2016
Eni ready to invest on solar projects in Africa
Italian oil major Eni is prepared to invest hundreds of millions of euros in expanding solar power projects in Africa, as stated by the conglomerate's CEO on Wednesday.
read more... 07/04/2016
Nordex to merge Spain's Acciona Windpower
German wind turbine maker Nordex has wrapped up a €785m deal to acquire Spanish rival Acciona Windpower (AWP) as it aims to create a new global wind energy powerhouse.
read more... 06/04/2016
Engie searching associates in Nugen UK nuclear project
French gas and power conglomerate Engie is searching other associates to invest in the Nugen project to construct nuclear reactors in Britain, as stated by Engie director Philippe Pradel.
read more... 01/04/2016
Bosnian utility ERS will increase electricity prices by 4.9% in May
The regulator in Bosnia's independent Serb Republic on Friday allowed the region's electricity utility Elektroprivreda Republike Srpske (ERS) to increase power prices by an average 4.9 percent from May.
read more... 29/03/2016