Latest news
Four groups present preliminary offers for Vattenfall German plants
Four energy conglomerates counting three from Czech Republic placed initial bids for German lignite-burning power plants, mines and hydro power stations put on sale by Swedish state utility Vattenfall on Friday, as stated by investors and sources close to the matter.
read more... 22/12/2015
Centrica to cease the operations at Killingholme gas-fired power plant in UK
Killingholme gas-fired power plant in UK, operated by Centrica, is scheduled to cease its activities on March 1.
read more... 16/12/2015
German BASF to invest $6bln in Iran’s petrochemical industry
The world’s largest chemical company, Germany’s BASF, is envisaging investing $6 billion in Iran’s petrochemical sector, according to director of planning at the National Petrochemical Company (NPC) Hamid Reza Rostam.
read more... 16/12/2015
Engie will vend thermal plants in U.S.
French gas and electricity conglomerate Engie intends to announce the sale of its thermal power generation plants in United States, and others might follow, as reported in the financial daily Les Echos.
read more... 11/12/2015
Daily: Crude oil prices decline as OPEC decided to maintain production at record highs
Crude oil prices declined on Friday following the news that the OPEC was planning to keep its production near record highs despite a collapse in oil prices, intensifying worries about an oversupplied market. Brent crude oil futures shed 84 cents, or nearly 2 percent, to close at $43, after a rebound in early trade. The benchmark contract was within cents of Augusts’ 6-1/2-year trough. U.S. crude futures slipped $1.11, or nearly 2 percent, to settle at $39.97.
read more... 07/12/2015