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Dong targets to phase out coal-fired electricity generation by 2023

Dong is already the world’s largest offshore wind farm company, constructing over a quarter of the capacity installed worldwide. It intends to offload its operations concentrated on oil exploration and production later this year, after pulling off one of the biggest stock market listings in 2016.

read more... 06/02/2017

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Daily (06.02.2017): Oil price rises on Iran fresh sanctions by the U.S.

Crude oil prices boosted on Friday after the U.S. president Trump imposed fresh sanctions on a raft of individuals and companies in response to Iran’s test-firing a ballistic rocket last week.

read more... 06/02/2017

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Japanese companies take 10% stake in new Areva

Two Japanese companies decided to acquire a combined 10 percent stake in the new firm being separated from Areva for 500 million euros ($538 million) on Friday, helping a state-backed rescue of the French nuclear group.

read more... 06/02/2017

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Npower rises energy prices by 9.8%

Energy provider Npower has made known about its intention to increase prices for householders by 9.8%, adding £109 to the average dual fuel yearly energy bill, rising it to £1,188. It includes a growth of 4.8% on gas and 15% on power.

read more... 06/02/2017

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Poland might reduce imports of low-quality coal to deal with smog

Poland intends to reduce imports of low-quality coal since it wants to fight heavy smog, a move that might influence acquisitions from Russia.

read more... 03/02/2017

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