Latest news
Spain: Iberdrola will purchase UIL Holdings for approximately $3 billion
Spanish utility Iberdrola SA will purchase UIL Holdings Corp for approximately $3 billion to form a new listed power and electric utility and develop in the United States.
read more... 26/02/2015
Statoil: contract of NOK 8 billion for oil platform awarded to Aibel
Statoil has awarded a deal estimated at NOK 8 billion (£0.7bn) to construct an offshore drilling platform.
read more... 26/02/2015
Daily: European power prices rally after “positive” EU carbon vote
Brent crude futures soared 5 percent on Wednesday, after Saudi Arabia’s oil minister said oil demand was increasing and figures showed Chinese factories were producing more than projected. Brent crude for April delivery boosted $2.97 to settle at $61.63 a barrel. WTI April crude climbed $1.71 to close at $50.99.
read more... 26/02/2015
Slovak gas importer SPP may assure gas supplies to consumers
Slovak natural gas importer SPP may ensure supplies to all its clients for the remaining of the winter season even if deliveries of Russian gas via Ukraine were to be halted, as stated by a representative on Wednesday.
read more... 26/02/2015
France: Southern gas trading hubs will unite on April 1
The two gas trading hubs in the south of France will fuse on April 1, as stated by power trading group Powernext on Tuesday, denoting a first step towards an integrated French gas platform intended at preventing the big price swings presently seen in the market.
read more... 25/02/2015