Latest news
Azerbaijan eyes to greatly increase gas production
Azerbaijan plans to increase gas production to 47.6 billion cubic meters in 2025, Elshad Nassirov, vice president for marketing and investments of Azerbaijan’s state oil company SOCAR, said in an interview with Platts, Trend reports.
read more... 27/03/2019
Romania’s gas transport company Transgaz to invest EUR 1.9 bln by 2027
Romania’s natural gas transport system operator Transgaz has planned total investments of EUR 1.9 billion for the expansion of its pipe network, according to its development plan for the period 2018-2027, which will be submitted for approval to the shareholders on March 11.
read more... 25/02/2019
Rosneft CEO said the company plans investments between 1.2 and 1.3 trillion RUB in 2019
Despite a weaker Q4, Rosneft demonstrated solid 2018 growth, more than doubled net profit to RUB 549 billion, from RUB 222 billion in 2017.
read more... 06/02/2019
Russia aims to attract $28 billion investment in power plant upgrades
Russia’s government approved a 10-year modernization program for Russian power plants, expected to attract $28.8 billion (1.9 trillion Russian rubles) in private investments in the sector, Energy Minister Alexander Novak said.
read more... 28/01/2019
Ørsted to rethink Taiwanese offshore wind plans after missing 2018 deadline
Danish offshore wind major Ørsted A/S will pause and review its plans for investments in Taiwan as it has been unable to secure a key permit for 900 MW of offshore wind projects in time to get the 2018 feed-in tariff (FiT).
read more... 04/01/2019