France started the construction of Europe's largest photovoltaic solar power plant, making up some lost ground against its neighbors.
read more... 06/11/2014
Crude oil prices climbed on Wednesday, with Brent recovering from a four-year low, as traders reacted to gossip of a pipeline explosion in Saudi Arabia and upbeat news related to U.S. crude inventories. Benchmark Brent oil settled up 13 cents at $82.95 a barrel. U.S. WTI crude rebounded $1.49 to settle at $78.68 a barrel.
read more... 06/11/2014
Croatia has renewed a viability study for a liquefied natural gas (LNG) terminal on the island of Krk, the southern end of a gas pipeline corridor linking the country and Poland's Baltic port of Swinoujscie which should aid expand energy supplies for central Europe and reduce reliance on Russian imports, as stated by economy minister Ivan Vrdoljak on Tuesday.
read more... 06/11/2014
Ukrainian state energy company Naftogaz declared on Tuesday it had paid $1.45 billion to Russia's Gazprom, the first tranche of debt reimbursement required by an accord that will see Moscow restart gas supplies to its ex-Soviet neighbor.
read more... 05/11/2014
The French government approved on Wednesday the General Electric's intended 12.4 billion euro ($15.6 billion) acquirement of the majority of Alstom's electricity business.
read more... 05/11/2014