Russia has revealed for the first time it has envisaged to install equipment produced by German company Siemens in two new power plants in Crimea, a project that has been affected by difficulties due to European trade sanctions.
read more... 19/06/2017
A pipeline to provide Norwegian gas to Poland that will cost around 2 billion euros ($2.23 billion) will only be constructed if there is demand for minimum 75 percent of the gas it can convey, one of the associates in the project told Reuters.
read more... 19/06/2017
Greece, Israel and Cyprus declared on Thursday they would accelerate plans for the development of a pipeline conveying gas to Europe from recently discovered east Mediterranean reserves.
read more... 16/06/2017
Oil prices slightly rose on Tuesday, after Saudi Arabia vowed to make real supply cuts and OPEC reported an increase in its output and as traders anticipate a drawdown in U.S. crude inventories.
read more... 14/06/2017
French environment and energy minister Nicolas Hulot declared on Monday that the government plans to reduce the share of nuclear to 50% of the country’s power generation from the current 75%. As for the possibility of introducing a carbon tax, Hulot said that France already has a carbon tax which is increasing every year.
read more... 13/06/2017