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Spain's largest power utility, Iberdrola, recovers its positions on the energy market.
Spain's largest power utility, Iberdrola, registered an increase in nine-month core earnings above analysts' estimates, thanks to growth in its renewable energy and Spanish deregulated power market.
read more... 21/10/2010
Statoil’s initial public offer is rising above $725 million
The initial public offer, for Statoil's filling stations unit, was fully covered, as expected, in the upper half of the price range on Wednesday, according to officials from Norwegian oil firm.
read more... 21/10/2010
Daily Market Update, Wednesday, October 20, 2010
Oil was up above $80 per barrel on Wednesday, supported by a weaker dollar. At 11:04 GMT, U.S. crude for November, which expires later on Wednesday, increased at $80.40 per barrel, while ICE Brent crude climbed $1.07 arriving at $82.17 per barrel.
read more... 21/10/2010
The Germany's Renewable Energy Act
Hermann Scheer was the main architect of Germany's Renewable Energy Act, which set up a system of incentives paid by utilities, which had encouraged hundreds of thousands of home owners and investors to participate in building solar and wind power systems.
read more... 20/10/2010
Denmark's DUC registered increases in oil production capacities
Danish Underground Consortium's (DUC) oil production capacities were up by 29% in September after shutting down, in August, all the operations for 7 days because of maintenance works.
read more... 20/10/2010