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
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
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
Danish wind turbine-maker Vestas has secured orders to supply 223MW of turbines in Europe.
read more... 02/07/2018
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