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Shell CEO declares BG Group purchase is on course

Royal Dutch Shell's chief executive officer, Ben van Beurden, declared on Thursday the $70 billion purchase of British competitor BG Group is on track and fits into Shell's plans to raise the share of natural gas in its portfolio.

read more... 19/06/2015

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E.ON confirms shut down of UK’s Killinholme electricity station

E.ON on Thursday confirmed it would shut down the 900 megawatt Killingholme gas-fired power plant in Britain after different last-minute efforts to maintain it in operation fell short.

read more... 19/06/2015

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Slovakia: Eustream says start of gas connection to Hungary under menace

Slovak pipeline operator Eustream declared on Thursday the commercial start of a gas interconnector between Slovakia and Hungary is under menace since the Hungarian part has not presented a segment of the pipeline.

read more... 19/06/2015

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Vestas will intensify tests of its giant offshore turbine

Vestas will intensify testing of its 8 megawatt (MW) wind turbine, the greatest in the world, by installing two of them in the port of Esbjerg in southern Denmark, as stated by the Danish company on Wednesday.

read more... 18/06/2015

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Daily: French prompt power prices jump on nuclear power plants outages

Crude oil prices diverged on Wednesday, with Brent crude increasing and WTI declining on Wednesday in agitating trading as both contracts slashed losses on uncertain outlook for interest rates by the Federal Reserve. Brent crude for August delivery boosted 17 cents to close at $63.87, having oscillating from $62.60 to $65.47 and ending back below its 50-day moving average of $64.16. U.S. crude for July delivery decreased by 5 cents to settle at $59.92, having fluctuated from $58.85 to $61.38.

read more... 18/06/2015

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