Latest news
Daily (19.11.2018): European electricity prices fell on Friday on stronger wind generation
Oil prices were almost constant on Friday, as the relaunch of Kirkuk oil flows through the Kurdish-controlled pipeline diminished the impact of U.S. sanctions over Iranian exports. Flows resumed at an average daily level of 50,000-60,000 barrels. Brent crude edged 0.2% higher at $66.76 a barrel. WTI crude remained unchanged at $56.46 a barrel.
read more... 19/11/2018
GE to construct 1GW Ostroleka C ultra-supercritical coal power plant in Poland
Under the terms of engineering procurement and commissioning (EPC) accord, GE-controlled group will build the Ostroleka C ultra-supercritical (USC) coal-fired power plant for Polish state-run utilities Energa and Enea.
read more... 06/04/2018
China wants to become co-owner of Russia's largest oil firm
Chinese state-controlled Huarong Asset Management purchased 36.2 percent stake in the unit of CEFC China Energy through which CEFC is obtaining a $9.1 billion stake in Russian oil giant Rosneft.
read more... 13/03/2018
Areva-controlled conglomerate will pay $554 million to settle Finnish reactor row
France’s Areva and Germany’s Siemens will make a payment of 450 million euros (£400 million) for cost overruns and postponements at a nuclear reactor which they are constructing for Teollisuuden Voima (TVO) in Finland, settling a long-running dispute.
read more... 12/03/2018
Norway: Statoil and partners intend to expand production capacity at Troll gas field
Norway's Statoil and partners are trying to raise the production capacity of Troll, the country's biggest gas field, a move considers by traders as a possibility to enable the firms to create more flexibly and cover production shortages at other fields because of outages.
read more... 27/09/2017