WTI crude oil reversed earlier gains on Monday, dropping more than $1 and Brent crude also declined as U.S. dollar rally outweighed concerns about conflicts in Libya and Ukraine. U.S. front-month crude futures slipped as low as $77.20 before settling at $77.40 per barrel, down $1.25. Brent crude also closed down more than $1 per barrel at $82.34.
read more... 11/11/2014
Czech energy firm EPH has decided to acquire the Eggborough coal-fired power plant from Eggborough Power Limited, making its first purchase in Britain as part of a growth drive, as stated by Czech company on Wednesday.
read more... 06/11/2014
Crude oil prices climbed on Wednesday, with Brent recovering from a four-year low, as traders reacted to gossip of a pipeline explosion in Saudi Arabia and upbeat news related to U.S. crude inventories. Benchmark Brent oil settled up 13 cents at $82.95 a barrel. U.S. WTI crude rebounded $1.49 to settle at $78.68 a barrel.
read more... 06/11/2014
Germany envisages to get rid of some of its coal plant capacity as part of a set of new policies to aid Europe's largest economy attain its greenhouse gas emissions targets, as stated by a state secretary at the economy ministry on Wednesday.
read more... 30/10/2014
Serbia's biggest coal-fired power plant complex Nikola Tesla (TENT) proposed a tender on Monday for 1.3 million tonnes of coal to compensate the shortages created by the overflowing of its dedicated mine.
read more... 28/10/2014