Latest news
Alstom awarded by RheinEnergie with transformer supply contract
Alstom has been awarded with a contract from RheinEnergie for providing the combined-cycle heat and power plant (CHP) in Niehl, Germany, with a 560 MVA, 410/21kV transformer.
read more... 19/03/2014
Daily: Brent crude prices settle higher ahead of Crimea referendum
Brent crude oil boosted over $1 on Friday ahead of the Sunday’s vote organized by pro-Moscow authorities, raising concerns that Crimea will chose to join Russia. U.S. crude oil also increased, but not so significantly, with gains being slashed by a surge in supply and weaker demand in U.S. and China, the biggest and second-biggest oil consumers.
read more... 17/03/2014
Daily: Brent crude drops on weak economic data from China
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
Daily: French, German spot power prices mixed on Friday
Crude oil prices jumped on Friday after the aggravation of diplomatic relations between Ukraine and main oil producer Russia which stoked supply fears. Global benchmark Brent crude oil rose 90 cents to settle at $109.00 a barrel. Meanwhile, U.S. crude boosted by $1.02 to close at $102.58, encouraged by U.S. job growth at a quicker pace than anticipated on optimistic signs for oil demand.
read more... 10/03/2014
Daily: Crude oil drops by about 2 pct as the threat of war in Ukraine receded
Crude oil dropped by about 2 percent on Tuesday after the Russian President Vladimir Putin said it is not seeking to escalate the conflict in Ukraine's Crimea peninsula, fading concerns of an eventual oil supply disruption from Russia.
read more... 05/03/2014