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South Stream gas transaction between Russia and Greece

On June 7, Greece's natural gas grid operator DESFA and Russia's Gazprom will sign an agreement in Moscow in order to construct the Greek section of the natural gas pipeline project, South Stream, led by Russia, estimated at 1 billion euros, according to an official’s statement on Monday.

read more... 25/05/2010

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Eni’s stake in GreenStream pipeline cut to 50%

The oil and gas most important company in Italy, Eni, has decided to cut its participation from 75% to 50% in the company GreenStream BV which manages a pipeline transporting gas from Libya to Italy, according to the officials of both societies.

read more... 25/05/2010

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New PV plants to be built in Italy

TerniEnergia stated that 18 new PV installations are going to be built in the regions of Umbria, Marche, Piemonte and Puglia in Italy.

read more... 24/05/2010

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Total and ERG merger is approved by EU

French most important oil company Total and its Italian counterpart ERG Petroleum, had received UE’s permission for their merger in refining and marketing fields, which will take place in Italy.

read more... 24/05/2010

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Kollsnes gas processing plant back to normal after yesterday leak

Kollsnes gas processing plant has resumed its activity at full capacity, after yesterday’s leak. Kollsness is a large gas processor, with about 40% of total Norwegian gas processing.

read more... 21/05/2010

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