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Sunpower, First Solar JV negotiations increase solar sector

Shares of solar firms increased on Tuesday, a day after SunPower Corp and First Solar Inc declared they were in negotiations to conjointly develop several assets, a move estimated to produce stable cash flows for the long-standing competitors.

read more... 25/02/2015

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Lithuania’s LNG importer obtains permission to trade gas in Estonia

Litgas, Lithuania's liquefied natural gas (LNG) importer, obtained Estonia’s permission to trade natural gas in the country, as stated by the company on Tuesday, potentially opening the way for more transactions.

read more... 25/02/2015

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Daily: European power prices climb ahead of EU crucial carbon vote

Crude oil futures dropped on Tuesday on expectations that U.S. crude stockpiles boosted again countered supportive news of Libyan oil fields being closed by a power cut. Brent crude for April delivery eased 24 cents to close at $58.66 a barrel, after hitting $60.30. U.S. crude for April delivery dropped 17 cents to settle at $49.28, off a $50.33 intraday peak.

read more... 25/02/2015

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EC: GE – Alstom deal may cripple the major competitors in heavy-duty gas turbines business

EU antitrust regulators launched on Monday a full-scale investigation into General Electric’s €12.4bn (£9.1bn) bid for Alstom’s power equipment business.

read more... 24/02/2015

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Russian gas transit to Europe to be jeopardized if Ukraine fails to pay

Russian gas giant Gazprom warned on Tuesday that gas transit to Europe may be at stake after Ukraine hesitated to pre-pay for its deliveries.

read more... 24/02/2015

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