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Daily: Oil ends up on Russia-OPEC hopes
Crude oil ended up on Friday on hopes that Russia and OPEC will reach a deal at the weekend aimed to keep crude above $50 a barrel, although traders worried about pressure from a double-digit increase in the U.S. oil rig number. Brent rose 40 cents, or 0.8 percent, to settle at $51.78. For the week, it ended flat. U.S. West Texas Intermediate crude climbed 22 cents, or 0.4 percent, to end at $50.85 a barrel. WTI reached a July 2015 high of $51.93 on Wednesday and ended the week 1 percent higher.
read more... 24/10/2016
CEZ will vend Tisova plant to Sokolovska Uhelna, stopping disputes
Czech electricity firm CEZ will vend its 289 MW coal-fired Tisova power and heating plant to Sokolovska Uhelna as part of an agreement stopping long-running contract rows over coal supplies,as stated by the company on Thursday.
read more... 24/10/2016
Russian Nord Stream-2 seeks new investors
Russia’s Nord Stream-2 pipeline project, operated by Gazprom, is looking for new investments.
read more... 21/10/2016
Germany approves the controversial nuclear waste deal
The German cabinet has paved the way for a controversial nuclear waste deal, allowing the country's major utilities to pay €23.5bn ($26bn) for shifting responsibility of managing nuclear waste to the government.
read more... 21/10/2016
Spanish government returns to renewable power auctions, with two new sales
The Spanish government envisages to hold two renewable power auctions, with one auction for December this year and another one in January 2017, in a move to meet its European Union green power commitments.
read more... 21/10/2016