Russian gas producer Gazprom declared on Tuesday its division, Tsentrgaz, had won a tender to construct the Serbian segment of the South Stream pipeline.
read more... 09/07/2014
Mannheim-based MVV Energie anticipates profits to increase next year, according to its chief executive.
read more... 08/07/2014
China's state power grid is one of two bidders for a significant stake in Italy's energy grids, but such a connection might cause problems since the Chinese and Italians both intend to purchase assets around Europe, according to sources familiar with the matter.
read more... 08/07/2014
The French manufacturer Alstom inked a deal on Monday with Brazilian electricity firm Tractebel Energia, a private power generator, to deliver 36 units of ECO 122 wind turbines to Trairi II project, a wind farm located in Ceara State, Northeast of Brazil.
read more... 08/07/2014
Crude oil futures on both sides of Atlantic fell on Monday to the weakest point in a month as Libya lifted a force majeure from two major oil ports following rebels’ agreement to end a blockade last week. Brent crude dropped 40 cents to close at $110.24 a barrel, the lowest settlement price since June 11. Brent had rocketed to a nine-month high of $115.71 in June amid the Iraqi attack, but has since slipped over 4 percent. U.S. oil declined by 53 cents to close at $103.53 a barrel, the weakest level since June 6. It posted the seventh consecutive daily decline, the longest in U.S. oil since December 2009.
read more... 08/07/2014