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Finland signs electricity export agreement with Russia

Finland on Friday signed an accord that permits power exports to Russia from the beginning of December, as stated by its grid firm Fingrid, making two way flows on the connection that had been employed for imports.

read more... 10/11/2014

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Daily: European power prices fell on robust renewable supply

Crude oil markets declined on Thursday following a one-day hike as concerns about strong supplies returned to pursue traders, while a dollar rally added to the pressure, weighting on commodities priced in the currency. At the settlement, Brent's front-month declined by 9 cents to trade at $82.86 a barrel, compared to its 90 cent- decline earlier in the day. U.S. crude close down 77 cents at $77.91, after slipping as much as $1.56 during the session.

read more... 07/11/2014

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Polish utility Energa intends to make investments of $5.3 billion

Poland's Energa is aiming to invest 18.2 billion zlotys ($5.34 billion) until 2022, after the country's fourth major utility registered a third-quarter net profit at the level of market expectations, as stated by the group on Friday.

read more... 07/11/2014

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EDF: strong nuclear production compensates for unfavorable weather

Strong nuclear production in France compensated for the negative repercussion of bad weather on EDF’s sales in the first nine months of the year, as stated by French utility on Thursday.

read more... 07/11/2014

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Statoil awarded with stakes in 12 new UK licenses

Norwegian energy firm Statoil declared on Thursday it had won stakes in 12 new licenses on the UK Continental Shelf.

read more... 07/11/2014

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