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RWE to maintain dividend steady in 2014
RWE will pay a steady dividend of 1 euro ($1.12) per share for 2014, reducing worries that the utility may diminish its pay-out as a result of the sector's crisis, as stated by a source familiar with the matter on Tuesday.
read more... 04/03/2015
Latvia will separate its natural gas utility in early 2017
Latvia will divide its natural gas utility Latvijas Gaze in two in early 2017, after which the government might purchase the gas transportation and storage business, as stated by the economy minister on Tuesday.
read more... 04/03/2015
Daily: Crude oil prices recover on Israeli Prime Minister warning about a bad nuclear deal
Crude oil prices recovered on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned that the Obama administration was negotiated a bad nuclear deal with Tehran, which would almost guarantee nuclear weapons, while Libyan forces targeted oil terminals in the African nation. Brent crude front-month contract rose by $1.48, or 2.5 percent, to settle at $61.02 a barrel. It slipped nearly 5 percent on Monday, its biggest loss in a month. WTI crude increased by 88 cents at $50.47 a barrel, after it has lost ground earlier.
read more... 04/03/2015
Nineteen EU nations distribute 500 million free 2015 CO2 permits
Nineteen countries, counting Germany, Britain and France, have thus far distributed a total of approximately 500 million free European Union carbon permits to industry to cover their 2015 emissions, as indicated by European Commission data on Tuesday.
read more... 04/03/2015
Lithuania might not prolong long-term gas import agreement with Gazprom
Lithuania might not prolong its long-term natural gas import agreement with Russia's Gazprom after the existing one expires at the end of 2015, since it has obtained access to global LNG markets, as declared by the state-owned energy company on Monday.
read more... 03/03/2015