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Nordic power prices up

Nordic electricity forward prices increased, being caused by high power and coal prices in Germany, as well as stable prices for carbon emissions.

read more... 26/04/2010

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UK Coal sells assets

The largest coal miner in Great Britain, UK Coal, plans to sell most of its real estate assets, pursuing the goal of reducing its debt level, which is still growing, as a result of problems in production in its underground mines.

read more... 26/04/2010

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Lindsey refinery acquisition

Oil Refinery Petroplus, based in Switzerland, has submitted a proposal to buy Total’s refinery Lindsey in the UK. In order to reduce its total production capacity of oil, Total, the largest oil company in France, intends sell its 223 000 barrels per day Lindsey refinery. This event was rather unexpected news.

read more... 23/04/2010

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REpower to deliver wind turbines of latest generation in Turkey

Geycek wind farm in Kirsehir province East of Ankara, the largest wind farm of REpower in Europe, will get from REpower 44 wind turbines of 3.XM series, with an evaluated power of 3.37 MW each and a hub height of 80 meters, following the deal between REpower Systems AG (WKN 617703) and Al Yel Elektrik, a subsidiary of Akuo Energy SAS.

read more... 23/04/2010

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Enel in negociations with Bulgarian minister – power plant sale

The largest plant in Italy, Enel, is in negotiations with a European investor, on the sale of its stake held in a thermal power plant in Bulgaria, a share that reaches 73% in plant based on coal processing, with a capacity of 908 MW. Remaining shares are owned by the Bulgarian government.

read more... 21/04/2010

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