German utility EWE has obtained an offer for its majority stake in eastern German gas transmission firm VNG AG, as it stated on Wednesday.
read more... 16/07/2015
Crude oil declined by about 3 percent on Wednesday on forecasts that stronger exports from Iran will add to global oversupply and on increasing stockpiles at the delivery hub at Cushing, Oklahoma. Brent crude for August delivery dropped $1.46, or 2.5 percent, to close at $57.05 a barrel. The August contract expires on Thursday. WTI crude for August delivery shed $1.63, or 3 percent, to settle at $51.41.
read more... 16/07/2015
NuGen has inked an agreement to purchase the land at its Moorside site from Britain’s Nuclear Decommissioning Authority (NDA), as stated by the company on Tuesday, taking expansion of its projected nuclear project in northwest England a step closer.
read more... 16/07/2015
The German multinational Siemens will provide technology for Ciner Kazan Soda cogeneration plant, Turkey’s largest which will itself serve the world’s largest solution mining plant at Kazan in Ankara province.
read more... 15/07/2015
Oil prices dropped on Tuesday since Iran and six global powers arrived at a nuclear deal that might see a reducing of sanctions against Tehran and an ongoing raise in its oil exports just as Asian economies showed more signs of weakness.
read more... 14/07/2015