Latest news
Germany’s Siemens wins a significant power contract in Qatar
Siemens won a contract estimated at $253 million from Qatar General Electricity and Water Corporation (KAHRAMAA), aiming to construct nine substations, according to the declaration made on Sunday by German corporation.
read more... 03/03/2014
Daily: European carbon prices up 10 % on the week after backloading plan disclosure
U.S. crude oil hit its eight consecutive week of gains on Friday on weaker oil rail shipments from the growing Bakken shale basin in North Dakota. Brent oil posted moderate gains but settled the week lower, dragged down by an outlook for dipping demand in China and another for slow European growth due to escalating unrests in Ukraine.
read more... 03/03/2014
ENI obtains refund from Statoil on revised gas agreement
ENI, a major integrated energy company based in Italy and one of Europe’s leading gas wholesalers, inked an agreement on Thursday to review its long-term gas supply contract with Norway's Statoil that is supposed to increase its operating profit by approximately 1 billion euros ($1.4 billion) in 2014.
read more... 28/02/2014
RWE to record a loss of 3 billion euros
German utility RWE expects to register a net loss of about 3 billion euros ($4 billion), as stated on Thursday in the digital edition of German newspaper Handeslblatt, referring to management board sources.
read more... 28/02/2014
Daily: Brent prices squeeze on escalating turmoil in Ukraine
Brent oil futures dropped on Thursday, dragged down by escalating turmoil in Ukraine that slashed the global risk appetite. U.S. oil futures also registered a decline, but losses were offset by figures showing the fourth consecutive weekly decline in oil stocks at WTI benchmark delivery point at Cushing, Oklahoma.
read more... 28/02/2014