Latest news
Axpo plans to vend three power plants in Italy
Swiss energy firm Axpo Group plans to sell its holdings in three gas power plants in Italy, as stated by two sources on Wednesday.
read more... 21/04/2016
Egypt: Zohr gas field will produce 1 billion cubic feet per day by end-2017
Egypt has settled with Italy's Eni to start production of 1 billion cubic feet per day of gas at the Zohr gas field, the largest in the Mediterranean, by the end of 2017, according to the oil minister Tarek El Molla on Tuesday.
read more... 20/04/2016
CEO: Eni to inject 20 bln euros in Africa’s energy sector
Italian energy giant Eni envisages investing about 20 billion euros ($22.5 billion) in Africa over the next four years, mostly in the oil and gas industry, according to the company's Chief Executive Officer Claudio Descalzi.
read more... 18/04/2016
Poland’s PGNiG inks $870 million framework gas supply deal with chemical firm Grupa Azoty
Poland's state-run gas company PGNiG inked a framework deal to deliver natural gas to state-controlled chemical firm Grupa Azoty, with the estimated value of the agreement at PLN 3.3 bln ($870.09 million) and estimated volume of some 4.5 bln cubic meters, according to PGNiG.
read more... 14/04/2016
Daily: British spot prices tumble as robust flows from Norway offset blackout at gas terminal
Oil prices declined from new four-month highs in agitating trading on Wednesday after Russian oil minister Alexander Novak stated at a closed-door briefing that a deal on an oil output freeze expected to be signed this month in Doha would not yield a positive outcome. Brent crude fell 51 cents to settle at $44.18 per barrel, while U.S. crude eased 41 cents to close at $41.76.
read more... 14/04/2016