Latest news
Tanzania Mkuju River mining project suspended
The international mining company owned by the Russian corporation Rosatom stated that, after proper negotiations and consultations, its subsidiary, Mantra Tanzania, is ready to halt all activity surrounding the Mkuju River project due to the depressed market price all over the world.
read more... 11/07/2017
Daily (19.04.2017): German spot power price up by 8% after Easter holiday
Oil prices hit their lowest value of the last week on Tuesday on news that in May U.S. shale oil output is expected to have the biggest monthly increase in more than two years, fueling concerns that U.S. production growth is undermining efforts to cut oversupply.
read more... 19/04/2017
Daily (24.02.2017): Oil pares gains after 7th consecutive rise in crude inventories
Crude oil climbed on Tuesday, but gains were pared after the U.S. government figures indicated a seventh consecutive increase in crude inventories, undermining OPEC’s initiative to cut output.
read more... 24/02/2017
The victory of Trump boosts coal, hits renewable stocks
The prospect of a sudden change in U.S. climate policy under President-elect Donald Trump increased the shares of U.S. mining equipment giant Caterpillar Inc, North American railroads and other firms linked to fossil fuels, and hit shares of renewable energy companies.
read more... 10/11/2016
China solar panel excess destabilizes EU-China agreement
A sharp rise in solar power production in China and a sharp drop in domestic demand have caused an unexpected surge of cut-price exports, undermining a China-EU accord to reduce damage to European producers.
read more... 16/09/2016