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Exxon Prepares Sale Of UK, German Oil & Gas Assets

As part of its global program to sell assets, ExxonMobil is about to launch a process to sell its upstream oil and gas operations in the UK and Germany, Bloomberg reported on Thursday, quoting people familiar with the plans.

read more... 24/01/2020

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EBRD and EU to offer financial guarantees for renewable energy

The European Bank for Reconstruction and Development (EBRD) has agreed on a new €50m programme of financial guarantees with the European Union (EU) to improve renewable energy development in the EU Neighbourhood regions.

read more... 24/01/2020

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Gazprom-Armenia to invest nearly 61 billion drams in upgrading system in 2020-2024

Armenia's Public Services Regulatory Commission (PSRC) approved December 18 the investment program of the national natural gas distributing company Gazprom-Armenia for 2020-2024.

read more... 19/12/2019

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France's Total to begin drilling offshore Lebanon next month

Lebanon's economic crisis has led to nationwide protests over the last two months. The country needs its exploration programme to work to reduce its energy import bill.

read more... 16/12/2019

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Germany's EEG levy surplus decreased to €1.71 billion in November

The German EEG levy account, which funds Germany’s renewable energy programs, had a cumulative surplus of €1.71 billion ($1.89 billion) at the end of November. This is a small decrease of around €24 million compared to October.

read more... 12/12/2019

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