Forward power contracts are losing their benchmark status in Europe's electricity markets, as growing renewable generation makes betting on long-term products difficult and pushes traders into shorter-term deals.
read more... 12/09/2013
The Russian energy giant Gazprom and the Chinese National Petroleum Company (CNPC) inked a deal envisaging supply terms for the delivery of natural gas from Russia.
read more... 09/09/2013
Russia’s biggest independent gas producer Novatek, has contracted a deal with E.ON Russia, the Russian subsidiary of Germany's E.ON, to supply more gas in the period from 2014 to 2027. The deal would have a total cost of more than 8.5 billion dollars.
read more... 04/09/2013
Russian crude oil giant, Rosneft on Tuesday sealed an oil and gas deal with Azerbaijan's state energy firm, SOCAR.
read more... 15/08/2013
Israel, Greece and Cyprus signed a memorandum of understanding (MoU) on 7 August in Nicosia on cooperation in the fields of energy and water.
read more... 12/08/2013