The Czech government has given preliminary approval for a plan by a subsidiary of electricity producer CEZ to build a nuclear power station with the government providing guarantees to help it secure cheaper financing.
read more... 09/07/2019
Oil prices reversed trend adding gains on Friday, bolstered by the rising tensions in Iran and a decision by OPEC and its allies to extend oil supply cuts until next year. Nevertheless, weak manufacturing data from around the globe limited oil gains. As a result, Brent crude climbed by 1.5% to $64.23 a barrel, while WTI futures inched up by 1.3% to $57.51 a barrel.
read more... 08/07/2019
The Norwegian oil and gas giant will hold a 4.9% stake in the Swedish company while increasing its ownership in the Johan Sverdrup field.
read more... 08/07/2019
Ukraine, which wants to stockpile at least 20 billion cubic metres (bcm) of gas for the 2019/20 heating season, had reserves of almost 14 bcm as of July 6, state gas transport company Ukrtransgaz said on Monday.
read more... 08/07/2019
Debt-laden wind turbine maker Senvion SA has achieved 89% year-on-year growth in first-half installations by completing work on wind farms totalling 546 MW in January-June 2019.
read more... 08/07/2019