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EBRD approves 500 million euro TAP loan in boost for developers

A major European development bank has approved a loan for construction of the Trans-Adriatic Pipeline (TAP) on Wednesday, in a boost for the developers of the 4.5 billion euro (3.97 billion pounds) gas project.

read more... 05/07/2018

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Gazprom boosts natural gas production to solidify top position in Europe

Russia’s top gas producer Gazprom is ramping up production to increase exports abroad and continue to be Europe’s largest supplier.

read more... 04/07/2018

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Exxon, Total Win Tender to Explore for Oil and Gas Off Greece’s Crete

A consortium of U.S. Exxon Mobil , France’s Total and Hellenic Petroleum has been awarded a tender to explore for oil and gas off Greece, the energy ministry said on Tuesday.

read more... 04/07/2018

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Vestas secures 223MW turbine orders in Europe

Danish wind turbine-maker Vestas has secured orders to supply 223MW of turbines in Europe.

read more... 02/07/2018

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Daily (29.06.2018): European carbon contracts traded 1.6% lower on Thursday after recent gains

Oil supply shortage and higher demand after latest U.S. sanctions contributed to increase in prices on Thursday. Moreover, the draw in U.S. crude stocks also led to the upward evolution in prices. Brent crude soared by 0.3% to $77.85 a barrel, while WTI crude settled around 1% higher at $73.45 a barrel.

read more... 29/06/2018

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