Latest news
Daily: Crude oil prices fell as stronger dollar counters stockpiles decline
Crude futures declined on Thursday, dragged down by dollar appreciation which countered the optimistic sentiment from a decline in U.S. inventories that was much sharper than expected. Brent crude fell 7 cents, or 0.1 percent, to close at $53.31 a barrel. U.S. crude decreased by 27 cents, or 0.6 percent, to settle at $48.52.
read more... 31/07/2015
EU regulators will decide on $73 billion Shell, BG transaction by September 2
European Union antitrust regulators will decide by September 2 whether to authorize Royal Dutch Shell's scheduled 47 billion pound ($73.25 billion) purchase of BG Group to become the world's top liquefied natural gas company.
read more... 31/07/2015
Engie will make an investment of 700 million euros in Belgian reactors, profit halves
Engie's profit for the first half of 2015 decreased because of lower gas prices and the unavailability of three of its seven Belgian nuclear plants, but the French utility preserved its earnings guidance and declared it would invest 700 million euros in the life extension of two Belgian reactors.
read more... 30/07/2015
OMV puts up for sale a 30% stake in UK North Sea Rosebank project
Austrian oil and gas company OMV envisage selling a 30% stake in the Rosebank oil and gas project in the British North Sea, as it aims cutting its budget to struggle with weakening oil prices.
read more... 30/07/2015
EDF will purchase 51 to 75% of Areva reactor unit
French state-controlled utility EDF declared on Thursday it will acquire between 51 and 75 percent of the reactor unit of nuclear conglomerate Areva based on an estimate of 2.7 billion euros ($2.96 billion) for the entire unit.
read more... 30/07/2015