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France to stop immediately the coal credits for exporters

The French government unveiled it will end export subsidies for building coal plants abroad ahead of high-profile climate change United Nations talks in December.

read more... 14/09/2015

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ABB ready to decide on Power Grids future in 2016

ABB will probably decide next year what to do with its new Power Grids unit, as told by the Chief Executive Ulrich Spiesshofer to a Swiss newspaper, restating that all options were open for the business.

read more... 14/09/2015

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Daily: Crude oil ends down about 2% as Goldman Sachs lowers price forecast

Crude futures declined by 2 percent or more on Friday after Goldman Sachs slashed its forecast for oil, however a bullish sentiment from recovering U.S. inventories prices and less drilling for oil helped to curb losses.

read more... 14/09/2015

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China will give a loan of $12 billion to Yamal LNG run by Novatek

Chinese banks are likely to give a loan of $12 billion to the Yamal LNG project run by Novatek, as stated by Interfax news agency on Friday quoting Leonid Mikhelson, chief executive of Novatek, Russia's major non-state gas producer.

read more... 14/09/2015

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RWE to receive the go-ahead from Dutch Court to continue construction of 1.6 GW coal-fired facility in Netherlands

German energy giant RWE has received the green light from a Dutch court to continue the construction of the 1600MW controversial coal-fired power station near Eemshaven Port in Groningen, Netherlands.

read more... 11/09/2015

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