France will give the green light for the construction of controversial £18bn Hinkley Point nuclear plant, as confirmed by rench economy minister Emmanuel Macron.
read more... 19/04/2016
French energy giant Engie envisages selling its assets in Poland, including the 1800 megawatt (MW) coal fuelled power plant in the south-eastern town of Polaniec, according to Puls Biznesu daily.
read more... 19/04/2016
Crude oil prices shed on Monday after a plan by top oil producers to freeze production failed, but a Kuwait oil industry strike helped the market cut losses and rebound from the day’s lows. Brent closed down 19 cents, or 0.4 percent, at $42.91 a barrel. It had declined $3 earlier in the session. U.S. crude WTI slid 58 cents, or 1.4 percent, to settle at $39.78 a barrel, after falling to $37.61 at the day's low.
read more... 19/04/2016
The construction of the most expensive nuclear power station in the world at Hinkley Point, near Somerset, could be delayed again, a French government official has hinted.
read more... 15/04/2016
Egypt's state-owned Egyptian Electricity Holding Company (EEHC) has received €3.5bn ($4bn) in financing from Deutsche Bank, HSBC and KfW's Ipex Bank to support the development of three gas power plants, which have a combined capacity of 14.4GW in Egypt.
read more... 14/04/2016