Latest news
SMA Solar records 7th straight quarterly operating loss on weak demand in Europe, low costs in China
SMA Solar, the biggest solar group by sales in Germany, recorded its seventh straight quarterly operating loss, suffering a major blow from sluggish demand in Europe and low-cost rivals in China.
read more... 07/08/2014
Italian state holding company Cassa Depositi e Prestiti to sell a 35% energy grid stake to China
The Italian state holding company Cassa Depositi e Prestiti (CDP) is close to strike a deal with China's State Grid Corp, including the sale of a 35 % stake in its electricity grid.
read more... 31/07/2014
EDF inks 20 year LNG deal with U.S. Cheniere Energy
French energy giant EDF entered into 20-year liquefied natural gas (LNG) sale and purchase deal with Cheniere Energy, Inc. in Texas.
read more... 21/07/2014
Daily: British wholesale gas plunges for the second day on supply glut
U.S. crude oil recovered more than $1 on Wednesday, rebounding from recent straight falls after government data showed the country's crude inventories dipped considerably previous week. U.S. crude for August delivery rose by $1.24 to close at $101.20 a barrel, the highest level since July 10. The European benchmark, Brent contract for August delivery, which expired on Wednesday, fell 17 cents to settle at $105.85 a barrel. Brent price for September delivery augmented 29 cents ending at $107.17.
read more... 17/07/2014
EU utilities to be negatively affected by low energy prices until 2020
Low wholesale power prices will make Europe's utilities suffer, corroding their revenues until the end of the decade since increasing renewable production and low demand integrate, according to the rating agency Moody on Wednesday.
read more... 03/07/2014