Saturday 15 November 2014

Mild European weather hurts gas company profits

OIL AND GAS
Mild European weather hurts gas company profits
Brussels (UPI) Nov 13, 2014 - Two European energy companies said Thursday their fiscal performance was hurt by a mild winter, while the demand economy showed signs of slowing down. German energy company RWE said "persistently low prices" and "unusually mild weather" was in part to blame for the 31 percent decline in operating results year-on-year to $3.6 billion. French company GDF Suez in its quarterly repor ... more


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