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Daily: European power prices fell on robust renewable supply
Crude oil markets declined on Thursday following a one-day hike as concerns about strong supplies returned to pursue traders, while a dollar rally added to the pressure, weighting on commodities priced in the currency. At the settlement, Brent's front-month declined by 9 cents to trade at $82.86 a barrel, compared to its 90 cent- decline earlier in the day. U.S. crude close down 77 cents at $77.91, after slipping as much as $1.56 during the session.
read more... 07/11/2014
Polish utility Energa intends to make investments of $5.3 billion
Poland's Energa is aiming to invest 18.2 billion zlotys ($5.34 billion) until 2022, after the country's fourth major utility registered a third-quarter net profit at the level of market expectations, as stated by the group on Friday.
read more... 07/11/2014
EDF: strong nuclear production compensates for unfavorable weather
Strong nuclear production in France compensated for the negative repercussion of bad weather on EDF’s sales in the first nine months of the year, as stated by French utility on Thursday.
read more... 07/11/2014
Statoil awarded with stakes in 12 new UK licenses
Norwegian energy firm Statoil declared on Thursday it had won stakes in 12 new licenses on the UK Continental Shelf.
read more... 07/11/2014
Czech company EPH acquires Eggborough power plant in Britain
Czech energy firm EPH has decided to acquire the Eggborough coal-fired power plant from Eggborough Power Limited, making its first purchase in Britain as part of a growth drive, as stated by Czech company on Wednesday.
read more... 06/11/2014