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
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
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
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
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