Latest news
Eni to develop shale gas in Ukraine
Italian energy major Eni has signed a deal with Ukraine’s state owned Nadra Ukrayny and UK Cadogan Petroleum to purchase a 50.1% stake in WestGasInvest, the holder of nine shale gas license areas in Lviv Basin, covering about 3800 square kilometres.
read more... 19/06/2012
Gazprom to bid for EDF Energy U.K. Power Plant
The Russian giant Gazprom envisages bidding for a U.K. power plant put up for sale by EDF Energy, deal which will provide the gas major with a production base in UK to complement its growing trading business.
read more... 11/06/2012
Iran, Armenia: the construction of Meghri hydro power plant to start soon
Iran and Armenia have signed a deal envisaging the construction of the Meghri hydroelectric power plant over the Aras River, between the two countries.
read more... 08/06/2012
Daily: Europe prompt power prices down on German holiday
Brent crude futures declined on Thursday due to a weak demand, but prices were supported around $100 by expectations the United States will introduce measures to boost its economy and by signs that European policymakers would find a way to deal with Spain's banking crisis.
read more... 07/06/2012
“Landmark” energy deal between UK and Norway
The British prime minister, David Cameron singed a new energy agreement with Norway on Thursday, one of the world’s largest exporters of fossil fuels.
read more... 07/06/2012