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Verbund increases 2015 profit estimation, close to grid settlement

Austrian hydropower supplier Verbund increased its 2015 earnings forecast on Thursday, declaring it was close to an accord over sharing power grid costs with other Austrian utilities.

read more... 13/07/2015

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Russia might offer Greece advance funds for future gas project

Russia is thinking about soon offering Greece funds based on future earnings it could obtain from conveying Russian gas to Europe as part of a pipeline development, as stated by two Greek government sources on Wednesday.

read more... 09/04/2015

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CEZ: earnings in decline due to sector modifications

Czech power producer CEZ will make lesser profits in the future since it gets used to changes in the industry, as stated by its CEO in an interview published on Saturday in a newspaper.

read more... 08/12/2014

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Daily: UK natural gas prices soar on unplanned outage at Dimlington gas terminal

Crude oil prices settled higher on Tuesday, with Brent closing just above $86 a barrel after two consecutive days of losses, pushed by a weaker dollar and a rally on Wall Street. Brent increased by 20 cents at $86.03 a barrel, while U.S. crude rose 42 cents to settle at $81.42 a barrel, after hitting a more than two-year low of $79.44 on Monday. Oil rose after riding a late soaring in U.S. inventories, buoyed by encouraging corporate earnings.

read more... 29/10/2014

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Centrica decides to sell UK gas plants, lower 2014 earnings

Britain's Centrica anticipates the company will have lower than predicted earnings in 2014 and decided to vend its three major gas-fired power plants.

read more... 09/05/2014

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