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EIB to offer 932-million-euro loan for Trans-Anatolian Pipeline

The European Investment Bank (EIB) Board decided to provide a loan estimated at EUR 932 million for the 1850 km Trans-Anatolian Pipeline (TANAP) to transport natural gas from Azerbaijan’s Shah Deniz-2 gas field to Europe.

read more... 16/03/2018

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Norway energy firm has awarded $230 million oil and gas contracts for North Sea

Norway oil and gas operator Wintershall Norge has granted two major subsea contracts for North Sea’s Nova field estimated at around $230 million(£165 million).

read more... 01/03/2018

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Russia and South Korea to strengthen energy cooperation

Russia and South Korea decided to strengthen collaboration in the energy field on a wide range of domains like natural gas, electricity and renewable energy development, as stated by the South Korean Yonhap.

read more... 22/02/2018

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Total will extract gas at Azerbaijani Absheron field in early 2020

Gas extraction on the first gas well of Azerbaijan's Absheron gas field in Caspian Sea will start at the beginning of 2020, as stated by development operator Total at a public hearing on Project’s environmental impact report in Baku on February 20.

read more... 21/02/2018

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Daily (23.01.2018): French day-ahead power price settled over 4% higher on Monday due to bullish weather

Oil ended higher on Monday after dollar variations and the restart of some Libyan oil fields caused the market to vacillate, with prices testing lower before rising to levels just below three-year peaks.

read more... 23/01/2018

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