Crude oil cracking margins decreased to $8 per barrel, being influenced by the gains registered as result of gasoline sale, which prices jumped back above $ 800 per ton.
read more... 30/04/2010
The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.
read more... 29/04/2010
The coal prices decreased on Tuesday by 2 dollars as consequence of the sales made by several banks on Monday. According to traders and utilities, it was a necessity to reduce prices from the level of 100 dollars per ton for the punctual South African cargoes, because of the rapid increase.
read more... 29/04/2010
OMV, Austrian major oil and gas group, does not intend to increase its share in its Petrom division, even though the Romanian government would like to vend a part of its 21% stake in order to reduce its participation to 8%, according to OMV’s representative on Tuesday.
read more... 27/04/2010
Nordic electricity forward prices increased, being caused by high power and coal prices in Germany, as well as stable prices for carbon emissions.
read more... 26/04/2010