Latest news
Work launched at the Greek section of Trans-Adriatic gas pipeline
Greece started on Tuesday the construction on a 550-kilometre (342-mile) section of the Trans-Adriatic Pipeline (TAP) which will carry Caspian gas to European markets in an attempt to reduce their reliance on Russia.
read more... 18/05/2016
Russia could discuss gas price reduction with Belarus next week
Russia will meet with ally Belarus next week to talk about a number of disputed problems, as stated by Russian Energy Minister Alexander Novak on Friday, which industry representatives think will comprise talks about a gas price reduction.
read more... 16/05/2016
Major oil explorer Eni embarks on renewable energy expedition
Italian oil major Eni, which has generally made little investments in green energy taking into consideration its success in discovering oil and gas, plans renewable energy projects in Italy, Pakistan and Egypt.
read more... 13/05/2016
Renewables could transform the heating sector in Europe by 2040
Renewable sources could supply 49% of the energy used to heat Europe’s households by 2040, reducing natural gas demand and helping to slash carbon dioxide emissions, said the U.S. energy consulting firm IHS.
read more... 13/05/2016
Daily: British spot gas prices edge higher on undersupplied market
Crude oil prices rose by 1 percent in a volatile trade on Thursday, with U.S. crude attaining six-month highs as investors were influenced by a forecast for weakening global supplies against signs of another stockpiles increase at the hub for U.S. crude futures. Brent crude futures edged 48 cents up at $48.08 per barrel. U.S. crude's WTI futures boosted 47 cents to close at $46.70. It rallied to a six-month high of $47.02.
read more... 13/05/2016