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Siemens inks 582 MW deal for offshore wind projects in German North Sea

German industrial conglomerate Siemens AG has won an order from Danish Dong Energy to supply wind turbines for two offshore wind power plants in the German North Sea.

read more... 19/11/2013

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French Total eyes to develop a LNG facility in Cyprus

The Cyprus government and the French energy giant Total signed an agreement envisaging the development of a liquefied natural gas (LNG) plant at Vasilikos, Limassol, in Cyprus, with the deal certainly boosting morale in Cyprus and optimism about the potential of natural gas to save the national economy.

read more... 14/11/2013

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Daily: Brent crude increases on the failure to reach Tehran's nuclear deal

Brent crude oil prices boosted more than $1 per barrel on Monday after Iran and six world powers decided to resume nuclear talks on November 20. Brent settled $1.28 per barrel higher at $106.40, after trading as high as $106.47. Meanwhile, U.S. crude settled 54 cents higher at $95.14 a barrel, after touching a high of $95.38. The contract breached the 10-day moving average of $95.26 in intraday trading for the first time in three weeks.

read more... 12/11/2013

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Croatia inks a deal to establish power exchange

Croatia's energy market operator, HROTE, and the country's transmission system operator, HOPS, signed on 7 November 2013 an agreement on cooperation in establishing Croatia's power exchange.

read more... 12/11/2013

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Centrica strikes a £4.4bn LNG deal with Qatar

Centrica, the company parent of British Gas, has inked a four-and-a- half agreement with Qatargas, implying the purchase of liquefied natural gas (LNG) from Qatar to supply three million British households(13% of the UK’s gas needs).

read more... 07/11/2013

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