Latest news
VNG acquires German power retailer from Gazprom
Goldgas, a German gas retailing division of VNG, is to purchase power retailing company Gazprom Marketing & Trading Retail Germany (GM&TRG), a 100-percent unit of Russian Gazprom's Marketing & Trading Ltd. in London.
read more... 28/01/2016
EDF inks preliminary agreement to build six nuclear plants in India
French utility EDF declared on Tuesday it had inked a preliminary deal with Nuclear Power Corp of India Ltd (NPCIL) to construct six nuclear reactors at Jaitapur, in the west of India.
read more... 27/01/2016
Daily: European prompt power prices tumble as cold spell ends
WTI crude oil prices retreated 6% on Monday, falling below the key $30-a- barrel threshold in post-settlement trade, after news that Iraq’s production hit a record last month, intensifying again the worries about supply glut. U.S. crude fell $1.85 or 5.8% to settle at $30.34 a barrel. Brent crude, the global benchmark, eased $1.68 at $30.50 a barrel, 5.2% below its settlement price on Friday. It attained $30 after Monday's close.
read more... 26/01/2016
Daily: European forward power prices at record lows as oversupply worries crippled oil prices
U.S. crude oil prices plummeted below $27 dollars a barrel on Wednesday for the first time since 2003, dragged down by a wide decline across financial markets, with traders being concerned that the supply glut could persist for longtime. WTI crude for February delivery, which expired at the end of the day, shed $1.91, or 6.7 percent to settle at $26.55. New front-month March futures dropped nearly 4 percent on the day to close at $28.35 a barrel. Brent futures for March delivery lost 88 cents to close at $27.88 a barrel, a 2.7 percent decline after retiring from a new contract low of $27.10.
read more... 21/01/2016
Hitachi establishes new firm for UK nuclear project
Japan’s Hitachi has made known about the establishment of a new UK firm for a nuclear power project.
read more... 20/01/2016