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Italgas promises to increase dividends before spinoff
Italgas, Europe's third-largest gas distributor, promised to increase its dividend in the next three years and develop its market share after its spinoff from gas grid owner Snam in November.
read more... 25/10/2016
Daily: European spot power prices increase sharply on stronger demand, weaker renewables supply
Crude oil prices settled down on Monday on news of the forthcoming restart of Britain’s Buzzard oil field and as Iraq wants to be exempted from OPEC production cuts as it needs more money to fight Islamic State militants. Brent, the international benchmark for crude, lost 32 cents, or 0.6 percent, to close at $51.46 a barrel. Its session low was $50.50. U.S. West Texas Intermediate (WTI) crude declined 33 cents, or 0.7 percent, to end at $50.52.
read more... 25/10/2016
Sweden on track to attain 100% green objective by 2040
Sweden is on course to produce all its energy from green sources by 2040, a top regulatory official from the country declared late on Monday.
read more... 25/10/2016
The longest Iceland-UK electricity cable plan seen confronting Brexit deferral
Plans to construct the world's longest electricity interconnector from Iceland to Britain might be deferred by Britain's decision to leave the European Union, as stated by the manager of Icelandic utility Landsvirkjun.
read more... 24/10/2016
EU gas demand likely to increase by 6% in 2016
Natural gas demand across the European Union is likely to raise by 6 percent in 2016, aided by increasing industrial production and more use in electricity generation and transport, as stated by the Eurogas business association on Friday.
read more... 24/10/2016