Hungarian oil and gas conglomerate MOL intends to make more acquisitions in order to increase its retail market share in central Europe, where an economic recovery is ongoing and motor fuel sales are expanding, as stated by MOL's downstream manager.
read more... 21/05/2014
Areva's head of the company modified his prediction that the French nuclear group controlled by the state would vend 10 reactors by 2016, stating it would be no problem if that time limit reduces by a year or two.
read more... 21/05/2014
PGNiG, Poland's gas monopoly, declared on Wednesday the sales of natural gas dropped from 5.6 billion in 2013 to 4.9 billion cubic meters in the first quarter of 2014.
read more... 17/04/2014
Brent crude oil boosted more than $1.50 on Monday as violence intensified in Ukraine and as Western powers decided to expand sanctions against Russia, while U.S. crude posted a modest gain on positive retail sales figures that gave assign that U.S. economy is rebounding.
read more... 15/04/2014
Brent crude oil futures declined on Thursday since weak economic figures in China compensated fears over eventual supply interruptions that could be triggered by the conflict between Russia and Western powers over Ukraine. Meantime, U.S. crude futures posted a moderate gain, as bullish retail sales and labor market data increased the optimism about the economy and offset worries over China.
read more... 14/03/2014