Latest news
Daily: Nordic spot power prices have increased on lower wind electricity production
Brent crude remained stable below $103 a barrel on Tuesday, with a new conflict in OPEC oil producer Libya balanced by worries of slowing oil demand increase because of weak economic improvements in China and Europe.
read more... 02/09/2014
Gazprom starts construction of the mega-pipeline to China
President Vladimir Putin supervised on Monday the beginning of construction on a giant pipeline that is likely to convey Russian gas to China of about $400 billion in the three decades after flows start in 2019.
read more... 02/09/2014
Statoil: 75% of gas sold to Europe at spot prices
Norway's Statoil, Europe's second major gas supplier, currently vends approximately 75% of its gas at spot prices, in a budge from oil-related prices that has aided it obtain market share but strike profits this year, as stated by its gas trading manager.
read more... 01/09/2014
Finland: Olkiluoto 3 nuclear reactor postponed until end of 2018
Finland's Olkiluoto 3 nuclear reactor will be postponed until the end of 2018, as stated by the construction conglomerate Areva-Siemens, evoking a discontented declaration from its customer Teollisuuden Voima (TVO).
read more... 01/09/2014
Chinese solar firm to purchase Germany’s SAG Solarstrom
German solar company SAG Solarstrom AG, which filed for bankruptcy at the end of 2013, declared on Saturday it consented to be purchased by Shunfeng Photovoltaic International for 65 million euros ($85 million).
read more... 01/09/2014