Latest news
Libyan trade affected by U.S. sanctions
Recent events in Libya have led the United States and other countries to impose sanctions on Libya. Due to these sanctions, a number of U.S. oil trading companies have pulled back from trading crude and refined products in and out of Libya and some large banks have withdrawn their funds.
read more... 10/03/2011
ENI may not be able to pay for Gazprom’s gas
According to French investment bank, Societe Generale, the Italian oil and gas company, Eni may refuse to pay Russia for LNG if the gas flow from the Libyan pipeline will stay shut for a long time.
read more... 02/03/2011
Daily Energy Market Overview, Wednesday, January 27, 2011
Prices for U.S. crude oil increased over 1 percent on Wednesday, breaking down the sixth consecutive drop supported by the statement from the Federal Reserve to hold the interest rates at the same level but also left the central bank’s 600 billion dollars obligation purchasing plan intact.
read more... 27/01/2011
Northern Ireland Electricity purchased by Electricity Supply Board.
The state-owned Electricity Supply Board (ESB), purchased Northern Ireland Electricity (NIE) from Arcapita Bank-owned Viridian Group. The acquisition amount was around £1.2bn.
read more... 23/12/2010
European Investment Bank (EIB) and Enel Green Power (EGP) signed the first 440 million Euro installment in Rome.
Yesterday in Rome, the European Investment Bank (EIB) and Enel Green Power (EGP) signed the first EUR 440 million installment of a 600 million Euros loan for financing the company’s three-year investment programme in Italy. EGP represents a subsidiary of the Enel group which operates in the renewable and alternative energies sector.
read more... 15/12/2010