Latest news

Russia's Inter RAO intends to vend its business in Armenia

Russian energy firm Inter RAO might sell its electricity distribution unit in Armenia, a company whose claim for a power price increase caused mass protests in the former Soviet country.

read more... 18/09/2015

news

Daily: Crude oil declines in volatile trade on Fed’s decision to leave rate unchanged

Crude oil prices declined worldwide on Thursday, resuming their fall after a short hike following the Federal Reserve’s decision not to increase its interest rate in September. Brent crude for November delivery lost 67 cents to settle at $49.08 a barrel. U.S. October crude dropped 25 cents to close at $46.90 a barrel. Brent's premium to U.S crude withdrew, and settled at $1.88 a barrel.

read more... 18/09/2015

news

Czech CEZ will shut down two nuclear units for 3-4 weeks

Two 510-megawatt units at Czech CEZ's Dukovany nuclear power plant will be shut down for three to four weeks starting on Thursday and Friday, placing more than half of the country's nuclear capacity offline, as stated by a spokesman for the utility.

read more... 18/09/2015

news

Poland's LNG terminal might attain full capacity by 2018

Poland's first liquefied natural gas (LNG) terminal might finally be ready for commercial use next May and is estimated to attain full capacity by 2018, as stated by its operator on Wednesday.

read more... 17/09/2015

news

EDF Energy gets the green light for the construction of 1800 MW gas-fired power station in UK

EDF Energy received the go-ahead from the UK Department of Energy and Climate Change(DECC) to build a 1800MW gas-fired power plant in Sutton Bridge, Lincolnshire in the east of England.

read more... 17/09/2015

news