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RWE to record a loss of 3 billion euros

German utility RWE expects to register a net loss of about 3 billion euros ($4 billion), as stated on Thursday in the digital edition of German newspaper Handeslblatt, referring to management board sources.

read more... 28/02/2014

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Daily: Brent prices squeeze on escalating turmoil in Ukraine

Brent oil futures dropped on Thursday, dragged down by escalating turmoil in Ukraine that slashed the global risk appetite. U.S. oil futures also registered a decline, but losses were offset by figures showing the fourth consecutive weekly decline in oil stocks at WTI benchmark delivery point at Cushing, Oklahoma.

read more... 28/02/2014

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SunEdison closed debt financing agreement with UK on solar power projects

SunEdison, solar technology manufacturer based in US, declared that it has completed debt financing transaction with Deutsche Bank for the rebuilding of photovoltaic plants in the UK.

read more... 28/02/2014

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UK high energy costs discourage manufacturers

Energy manufacturers in UK are very negative about high costs issue, according to a new study.

read more... 27/02/2014

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North Sea oil production at a slower decline rate

Oil and gas production in the North Sea reduced in 2013 less than expected, attaining 1.43 million barrels per day, or an 8% drop, according to data published by Oil&Gas UK.

read more... 27/02/2014

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