Latest news
EDF announces increased UK profits due to nuclear output
The French energy giant, EDF has announced a huge jump in its profits, despite the 8% drop in UK gas and electricity sales.
read more... 21/02/2012
Daily – oil up for the sixth day in line
Crude oil futures increased for the sixth day in line on Tuesday as Iran’s ready to stop oil moving in the Strait of Hormuz if foreign sanctions on Tehran’s oil sales are imposed added to concerns over other possible threats to the supply from the region.
read more... 28/12/2011
First Solar slashes its outlook for 2011
First Solar slashed its sales and earnings outlook for 2011 for the second time in two months, while its 2012 outlook is seen below Wall Street view. The new forecast does not include expected charges planned to be allotted for efficiency improving. Currently, the company expects to register net sales between 2.8 and 2.9 billion dollars in 2011, down from its October forecast of 3 to 3.3 billion dollars.
read more... 27/12/2011
Chinese solar companies affected by discouraging global demand
Chinese solar companies, Yingli Green Energy Holding Company and ReneSola Limited cut down their third quarter and year-round products deliveries, sales and profit forecasts, blaming the discouraging global demand and company’s write downs.
read more... 14/11/2011
Daily – oil up more than 3 dollars on unresolved Euro zone crisis
NYMEX and Brent crude oil futures continued to increase more than 3 dollars on Friday on hopes that European leaders could resolve the crisis and on strong U.S. retail sales numbers.
read more... 17/10/2011