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German EWE obtains offer for gas trading division VNG

German utility EWE has obtained an offer for its majority stake in eastern German gas transmission firm VNG AG, as it stated on Wednesday.

read more... 16/07/2015

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Daily: European prompt power prices edge up on heatwave expectations

Crude oil declined by about 3 percent on Wednesday on forecasts that stronger exports from Iran will add to global oversupply and on increasing stockpiles at the delivery hub at Cushing, Oklahoma. Brent crude for August delivery dropped $1.46, or 2.5 percent, to close at $57.05 a barrel. The August contract expires on Thursday. WTI crude for August delivery shed $1.63, or 3 percent, to settle at $51.41.

read more... 16/07/2015

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NuGen purchases land for new British nuclear plant

NuGen has inked an agreement to purchase the land at its Moorside site from Britain’s Nuclear Decommissioning Authority (NDA), as stated by the company on Tuesday, taking expansion of its projected nuclear project in northwest England a step closer.

read more... 16/07/2015

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Daily: Oil prices drop since Iran agreement opens up potential for gradual export increase

Oil prices declined on Wednesday since the market prepared for a gradual hike of Iranian exports into an already overprovided market from 2016 after six world powers and Tehran came to a nuclear agreement on Tuesday.

read more... 15/07/2015

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National Grid grants contracts for Britain-Norway electricity connection

Britain's National Grid has granted contracts totalling 1.5 billion euros ($1.7 billion) to firms implicated in building the first power link between Britain and Norway, as it stated on Tuesday.

read more... 15/07/2015

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