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Cuadrilla fracking site blocked by demonstrators

A fracking site in Lancashire has been blockaded by campaigners in protest to the controversial drilling process.

read more... 06/07/2017

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Switzerland to decide on nuclear power phaseout in favor of renewables

This Sunday, Switzerland will go to the polls and decide upon the government’s plan to abandon further development of nuclear power in favor of renewable energy. The focus of the campaign are the costs of the change. The current referendum follows October’s signature campaign organized by the Swiss People’s Party (SVP) who gave the support to contest the Government’s controversial energy plan in a popular vote.

read more... 18/05/2017

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ABB preserves Power Grids unit, makes known about a $3 billion share buyback

ABB declared on Tuesday it was keeping its Power Grids business, declining calls from shareholders who have campaigned for the $11.6 billion division to be detached from the Swiss engineering conglomerate.

read more... 04/10/2016

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EU opens investigation into tax agreements between Luxembourg and Engie

European Union antitrust regulators opened an investigation on Monday into tax agreements offered by Luxembourg to French power utility Engie, stepping up the EU's campaign against tax evasion by multinationals.

read more... 21/09/2016

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Daily: Crude oil prices settle down as military campaign in Yemen ends

Crude oil prices declined on Tuesday after Saudi Arabia unveiled the end of its military campaign in Yemen, lessening turmoil in the Middle East and traders predicted another build in U.S. crude inventories. UK North Sea Brent crude slipped $1.37, or 2.1 percent, to settle at $62.08. U.S. crude front-month May contract which expired at the close of Tuesday's session, dropped $1.12, or 2 percent, to close at $55.26 a barrel. WTI crude for June delivery eased $1.27 at $56.61.

read more... 22/04/2015

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