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European energy market overview 08.10.2010
Oil price drops below $81 per barrel on weakening demand from US and China economies, the largest oil consumers. China July imports fell 17 percent comparing to June.
read more... 11/08/2010
Eni to sell Padana Energy to Gas Plus
Eni signed an agreement with Gas Plus to sell 100% of its shares in Padana Energy, an oil and gas company with operational rights of several Italian blocks.
read more... 10/08/2010
Partnership between Gas Natural and Enel for Enel Union Fenosa Renovables dissolved
The Italian utility Enel and Spanish energy company Gas Natural stopped their cooperation in the renewable energy in Spain.
read more... 05/08/2010
Gazprom to take a $1.5 billion loan
Gazprom Neft, the oil division of the energy company Gazprom, announced the signing of a pre-export finance facility of 1.5 billion dollars for the next 5 years.
read more... 04/08/2010
Greece to invest 12 billion euros in renewable energy sources
Despite its weak economic situation, Greece plans to invest by 2012 over 12 billion euros in renewable energy projects.
read more... 02/08/2010