Latest news
Areva to reduce wage bill by 15% since forecasts worsen
French nuclear conglomerate Areva intends to reduce 15 percent of its wage bill to save 300 million euros ($337 million) a year within three years among fading sales predictions for its reactors.
read more... 02/03/2015
EDF 2014 net profit increased by 5.2% on strong nuclear production
French power utility EDF declared on Thursday net income increased by 5.2 percent to 3.70 billion euros since production at its nuclear plants surpassed projections and despite a drop in electricity consumption because of mild weather.
read more... 12/02/2015
Areva inks nuclear transport agreement with China’s CNNC
French nuclear firm Areva inked an agreement with Chinese utility China National Nuclear Corporation (CNNC) to form a joint-venture in the field of nuclear transportation and logistics, as stated by the company on Friday.
read more... 02/02/2015
Daily: French spot power prices fell on higher nuclear availability
Crude oil prices posted a modest increase on Thursday on preliminary U.S. data indicating weekly jobless claims at a near 15-year low, showing signs of further strength in the world’s largest economy. WTI crude rose 8 cents to close at $44.53 a barrel, rebounding from its session low of $43.58. Brent crude increased 66 cents to settle at $49.13 a barrel, off its session peak of $49.24.
read more... 30/01/2015
EDF declares first Taishan nuclear plant to be completed end 2015
French utility EDF anticipates the first of two nuclear reactors under construction in China, which have been issue to frequent postponements, to be finished at the end of this year.
read more... 30/01/2015