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Britain's BG Group pays for 35% stake in Cyprus gas field

Britain's BG Group has decided to pay U.S. firm Noble Energy $165 million for a 35 percent stake in a conglomerate with rights over a natural gas field in the eastern Mediterranean, as stated by Noble on Monday.

read more... 24/11/2015

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Russia: Yamal LNG places bonds valued at $2.3 billion as collateral for state funds

Russia's Yamal LNG project, which is run by second gas producer Novatek, declared on Friday it will place bonds estimated at $2.3 billion with the finance ministry on Monday as collateral for funds it has obtained from the government.

read more... 23/11/2015

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Europe’s TOP Primary Energy Consumers per Capita

Total primary energy consumption reported in this table includes the consumption of petroleum, dry natural gas, coal, and net nuclear, hydroelectric, and non-hydroelectric renewable electricity. Total primary energy consumption for each country also includes net electricity imports (electricity imports minus electricity exports).

read more... 20/11/2015

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Wind energy could surpass coal and gas as Europe's major power source by 2030

Wind energy might become the major source of electricity supply in the EU by 2030 if governments apply the right level of ambition in their climate and energy policies, as mentioned in the EWEA's latest report.

read more... 20/11/2015

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Eni vends the remaining stake of 4% in Galp for $348 million

Eni has sold its remaining stake of 4 percent in Portugal's Galp Energia increasing 325 million euros ($348 million), as stated by the Italian oil and gas group on Friday.

read more... 20/11/2015

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