Latest news
Dutch-German grid operator TenneT will make an investment of 22 billion euros to 2026
TenneT, the Dutch government-owned operator of electrical grids in the Netherlands and Germany, on Tuesday reported an expansion in its 2015 earnings and declared it intends to invest 22 billion euros ($24.25 billion) in new infrastructure over the coming decade.
read more... 09/03/2016
CEZ intends to bring idle reactors back on line this year
Czech electricity producer CEZ intends to bring all three idle units at its Dukovany nuclear electricity station back online this year to end continued outages that cut into 2015 earnings.
read more... 12/11/2015
Gazprom reports strong earnings due to sales to Europe
Russian energy giant Gazprom reported a 50% profit increase year-on-year to 675.9 billion rubles ($10.5 bln), mainly driven by gas sales to Europe.
read more... 02/09/2015
Engie will make an investment of 700 million euros in Belgian reactors, profit halves
Engie's profit for the first half of 2015 decreased because of lower gas prices and the unavailability of three of its seven Belgian nuclear plants, but the French utility preserved its earnings guidance and declared it would invest 700 million euros in the life extension of two Belgian reactors.
read more... 30/07/2015
Daily: Crude oil futures recover after a volatile trade
Crude oil futures recovered after a volatile session due to a weaker U.S. dollar, while low earnings dragged stocks lower. Expiring U.S. crude for August delivery edged 21 cents up to settle at $50.36 a barrel, after declining to $49.77 intraday. WTI crude for September delivery closed at $50.86, up 42 cents. Brent crude for September delivery advanced 39 cents to hit $57.04, having oscillated from $56.33 to $57.44. Brent's premium to September U.S. crude held above $6 a barrel.
read more... 22/07/2015