Latest news
Alstom wins a $430 million contract from Mexico City to modernize trains
French engineering consortium Alstom SA has been awarded a contract of 5.812 billion peso ($429.4 million) to modernize 85 trains utilized in the Mexico City metro system, as stated by the government of the Mexican capital.
read more... 17/11/2014
Nordex increases sales predictions on higher wind turbine demand
Germany's Nordex raised its sales anticipations for the second time this year, encouraged by strong demand for its wind turbines in the United States and Europe.
read more... 14/11/2014
Ukraine should purchase coal from Russia to pass through winter
Ukraine will be obliged to purchase coal from Russia to pass through the winter, a serious hold up to the country's efforts to reduce energy reliance on its influential neighbor, as stated by Ukrainian Energy Minister Yuri Prodan on Wednesday.
read more... 14/11/2014
Daily: Crude oil dips to four-year low on inventory surge in the U.S.
Crude oil prices declined more than 3 percent to four-year lows on Thursday, with Brent plunging below $80 a barrel, after an inventory hike at the delivery point for U.S. crude agitated traders already preoccupied about an oil glut. Brent fell $2.46, or 3.1 percent, to settle at $77.92 a barrel, after hitting a September 2010 low of $77.83. WTI crude closed down $2.97, or 3.9 percent, at $74.21.
read more... 14/11/2014
Lithuania will pay at least 10 % more for Norwegian LNG than for Russian gas
Lithuania will pay for liquefied natural gas (LNG) imported from Norway minimum 10 percent more than for Russian pipeline gas in 2015, as stated by a state-owned LNG importer on Thursday.
read more... 14/11/2014