Latest news
Gazprom’s activity on the electricity market
Gazprom, Russian’s biggest gas supplier, intends to make modifications in its portfolio by changing its assets with those of energy sector investors, including and those of Finland's Fortum, in order to regroup all its energy units in one big utility.
read more... 30/04/2010
Gasoline price unstable
Crude oil cracking margins decreased to $8 per barrel, being influenced by the gains registered as result of gasoline sale, which prices jumped back above $ 800 per ton.
read more... 30/04/2010
Romania wants to reduce its participation in Petrom
OMV, Austrian major oil and gas group, does not intend to increase its share in its Petrom division, even though the Romanian government would like to vend a part of its 21% stake in order to reduce its participation to 8%, according to OMV’s representative on Tuesday.
read more... 27/04/2010
Endesa initiates sale of Spanish gas network
Endesa has started the process of selling Spain’s gas distribution and transport network. This deal is estimated at about 760 million euros (1.02 billion U.S. dollars).
read more... 22/04/2010
Gas price discussions between Russia and Ukraine
On Wednesday, the Russian President, Dmitry Medvedev, met with his counterpart from Ukraine, Viktor Yanukovich, to discuss the tariff reduction on imported gas, so fundamental for Ukrainian economy.
read more... 21/04/2010