Oil prices increased by about 2 percent on Thursday as signs Saudi Arabia and Russia would cut output through next year. The news offset Wednesday's U.S. data indicating record U.S. exports and the return of production at a major Libyan oilfield.
read more... 06/10/2017
German engineering company Siemens is set to take part in the modernisation of Russian power plants.
read more... 05/10/2017
The energy minister declared on October 3, in Edinburgh, that the development of fracking will not be backed by the government because of public negativism towards the process.
read more... 04/10/2017
Italian utility Edison declared on Wednesday that the company, owned by France's EDF, cut a deal with U.S.-based Venture Global on selling and purchasing the liquified natural gas (LNG).
read more... 03/10/2017
Russia plans to launch the first unit of the Akkuyu nuclear power plant shortly as per the project's schedule, as stated by Russian President Vladimir Putin after discussions with his Turkish counterpart Recep Tayyip Erdogan on Thursday.
read more... 29/09/2017