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Areva unveils restructuration plans, nuclear spin off

French nuclear group Areva plans to spin off two thirds of its nuclear operations and to invite strategic investors to acquire a one third stake, Areva stated on Wednesday.

read more... 16/06/2016

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Daily: Crude oil prices plunge for the fifth straight day on Brexit fears, Fed rate hikes

Crude oil prices dipped for a fifth consecutive session on Wednesday on fears that UK might leave the European Union, while the U.S. Federal Reserve announced plans for two U.S. rate hikes this year despite sluggish growth expectations. Brent crude futures for front-month delivery fell 86 cents, or 1.7 percent, to settle at $48.97 a barrel. The front-month in U.S. crude's West Texas Intermediate (WTI) futures lost 48 cents, or 1 percent, to close at $48.01 per barrel.

read more... 16/06/2016

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Sweden’s support for nuclear – a boost for the industry

Sweden's plan to preserve nuclear energy as part of its low-carbon energy mix is a significant boost for the nuclear industry, as stated on Tuesday by CEO of French utility EDF Jean-Bernard Levy .

read more... 15/06/2016

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China Three Gorges to acquire German wind park Meerwind from the U.S. firm Blackstone

China Three Gorges, the operator of the largest hydropower plant in the world on China's Yangtze River, agreed to acquire German offshore wind park Meerwind from U.S. buyout firm Blackstone.

read more... 14/06/2016

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European Investment Bank injects 125 million euros in Icelandic 90MW geothermal plant

European Investment Bank (EIB) has inked a EUR 125 million loan agreement with Landsvirkjun, the National Power Company of Iceland, to finance a new geothermal power station and its geothermal wells at Theistareykir, near Husavik in northeastern Iceland.

read more... 13/06/2016

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