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Statoil to lay off up to 1,500 permanent employees amid crude oil price collapse
Norway’s state-controlled Statoil envisages cutting its workforce between 1,100 and 1,500 by end of 2016 as an effort to standardise, simplify and increase efficiency across the company.
read more... 17/06/2015
Czech minister sees new state firm as best nuclear alternative
The most rational way to increase the Czech Republic's nuclear power stations would be via a newly created state firm rather than through majority state-owned CEZ, as stated by Industry Minister Jan Mladek on Monday.
read more... 16/06/2015
EU establishes group to expand France-Iberia energy links
The European Commission has established a working group to expand the interconnection capacity of the French and Spanish electricity and gas markets, as it declared on Monday.
read more... 16/06/2015
French government mulls a rescue plan for ailing Areva
The French government is envisaging reorganizing the nuclear industry in France, with cash injections into Areva, the company that builds nuclear power plants in the country.
read more... 16/06/2015
Daily: British prompt gas prices firm on higher demand, undersupply
Crude oil prices declined in agitated trading on Monday as the Greek debt crisis intensified concerns about demand for petroleum in Europe and as the U.N. launched talks to try to bring peace in Yemen, where Saudi Arabia, the de facto OPEC leader is engaged in a civil war. Expiring front-month Brent for July delivery lost $1.26 to settle at $62.61 a barrel. Brent for August delivery eased 69 cents to close at $63.95. WTI crude for July delivery decreased by 44 cents to settle at $59.52, after trading in a range of $58.73 to $59.98.
read more... 16/06/2015