Latest news
Russia and Italy accepted France to join the South Stream pipeline project
After the official meeting that had taken place between Russian Prime Minister, Vladimir Putin, and Italian Prime Minister, Silvio Berlusconi, a decision has been made concerning the France’s EDF participation in the South Stream project.
read more... 27/04/2010
Nordic power prices up
Nordic electricity forward prices increased, being caused by high power and coal prices in Germany, as well as stable prices for carbon emissions.
read more... 26/04/2010
Lindsey refinery acquisition
Oil Refinery Petroplus, based in Switzerland, has submitted a proposal to buy Total’s refinery Lindsey in the UK. In order to reduce its total production capacity of oil, Total, the largest oil company in France, intends sell its 223 000 barrels per day Lindsey refinery. This event was rather unexpected news.
read more... 23/04/2010
Global solar installations expected to reach 11 GW in 2010
Barclays Capital analyst, Vishal Shah, has recently raised his forecasts for global solar installations for 2010, to 11 GW. In 2009, solar installations reached 7.2 GW, by 21 percent more from the previous year.
read more... 21/04/2010
Gas price discussions between Russia and Ukraine
On Wednesday, the Russian President, Dmitry Medvedev, met with his counterpart from Ukraine, Viktor Yanukovich, to discuss the tariff reduction on imported gas, so fundamental for Ukrainian economy.
read more... 21/04/2010