Latest news
CEZ considers EU authorization of UK nuclear project an example
EU regulatory consent of Britain's nuclear project estimated at 16 billion pounds with French utility EDF sets a precedent that must aid a Czech offer, the chief of power firm CEZ was cited as saying by Hospodarske Noviny on Tuesday.
read more... 01/10/2014
Daily: World crude oil prices plummet to two-year lows, slashing quarterly loss
Crude oil prices tumbled on both sides of Atlantic, touching the lowest level in more than two years on Tuesday, with WTI crude recording its largest daily drop since 2012, as a decline in gasoline prices and end-of-quarter selling reduced three months of losses. Brent crude for November delivery plummeted $2.53 to settle at $94.67 a barrel, posting a 16 percent loss for the quarter. U.S. crude decreased by $3.41 to close at $91.16 a barrel, its biggest one-day loss since November 2012.
read more... 01/10/2014
Turkey raises energy prices, driving 2014 inflation predictions above 9%
Turkey will raise power and natural gas prices by 9 percent starting from October, as stated by Energy Minister Taner Yildiz on Tuesday, accusing a weaker currency for the price increases in the greatly import-dependent country.
read more... 01/10/2014
Czech power bourse starts retail electricity auctions
The power exchange based in Prague has started proposing firms, cities, governments and other huge clients the possibility to purchase electricity via electronic auctions and reduce their power bills, according to the bourse on Monday.
read more... 30/09/2014
France: Total obtains Egypt gas exploration permit
French oil firm Total won a license to explore for natural gas in the Nile Delta, as declared on Monday by a source in the Egyptian Natural Gas Holding company (EGAS) owned by State.
read more... 30/09/2014