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EDF 2014 net profit increased by 5.2% on strong nuclear production

French power utility EDF declared on Thursday net income increased by 5.2 percent to 3.70 billion euros since production at its nuclear plants surpassed projections and despite a drop in electricity consumption because of mild weather.

read more... 12/02/2015

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Russia: Novatek registers a decline of its Q3 net income on weaker rouble

Russia's major non-state gas producer, Novatek, declared on Wednesday its third-quarter net profit declined by 67.5 percent due to a weaker rouble, insignificantly missing predictions.

read more... 30/10/2014

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French top court will decide on EDF electricity tariff limit next week

A top French court will determine next week whether to overturn a government ceiling on EDF's regulated power prices, which could affect the utility's income and stock price.

read more... 04/09/2014

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Spain approves gas sector reform to reduce increasing tariff deficit

The first steps towards reducing an increasing tariff deficit have been taken by Spain on Friday in the gas sector, deficit formed by years of inequitable regulated costs and incomes that has led to higher energy bills for consumers.

read more... 07/07/2014

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Bulgaria to apply a 20% tax on solar, wind energy

Bulgaria’s parliament has approved a 20 percent controversial tax income from wind and solar power installations next year. The proposal was backed Thursday morning by 116 MPs, 38 voted against and 28 abstained.

read more... 06/12/2013

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