Latest news
RWE to record a loss of 3 billion euros
German utility RWE expects to register a net loss of about 3 billion euros ($4 billion), as stated on Thursday in the digital edition of German newspaper Handeslblatt, referring to management board sources.
read more... 28/02/2014
Daily: European year-ahead coal prices at the lowest level in five years
U.S. oil futures settled higher on Wednesday following the publication of government data indicating an unexpected low increase in crude stockpiles and one more significant drawdown at the American benchmark's delivery hub, at Cushing, Oklahoma. Meanwhile, Brent prices were flat on concerns over slower growth in China, as its debt has reached record levels.
read more... 27/02/2014
Daily: WTI crude prices rally to a 4-month high
Brent crude settled slightly higher on Wednesday, backed by a stronger 2014 oil-demand forecast from OPEC and as Chinese oil imports reached record highs on Tuesday. However, the gains were curbed as traders sold the European benchmark and purchased WTI after the publication of figures. Brent crude for March delivery settled 11 cents higher at $108.79.
read more... 13/02/2014
Daily: Brent crude records a modest gain on higher demand for heating oil, gasoline
Brent crude oil recorded a slight increase on Tuesday, backed by demand for U.S. heating oil and gasoline amid an intense cold snap in the United States.
read more... 12/02/2014
China expected to install record 12 000 MW of solar PV in 2014
Over the course of 2014, China is expected to install a record of 12,000 MW of solar panels, according to a report released by the Chinese Bureau of Energy. This includes the installation of 8, 000 MW of solar PV panels on roofs and other 4,000 MW in the ground-mount segment.
read more... 07/02/2014