Latest news
Ukraine to cooperate with U.S. in diversification of shale gas production
According to the Ministry of Energy and Coal Industry of Ukraine, the governments of Ukraine and the United States discussed a future collaboration in the nuclear energy sector and have signed a memorandum on cooperation to explore shale gas deposits in Ukraine.
read more... 23/02/2011
BP criticized by the British energy regulator
The Wall Street Journal reports that the British Health and Safety Executive, a British energy regulator, sharply criticized the energy giant, BP for keeping to perform workings in the North Sea without taking into account the considerable operational risks and being unconscious about the safety norms at oil rigs in the North Sea.
read more... 04/02/2011
Finland seeks to obtain a stake in the Yamal LNG Project
Finnish oil and gas companies seek to get involved in the Yamal LNG Project, which is why officials of Finnish oil and gas companies met last week in Moscow at the seventh session of the Russian-Finnish Inter-Governmental Commission on Economic Cooperation with the Russian Ministry of Energy.
read more... 02/02/2011
Iran is planning to open a new oil refinery in the Middle East
According to Teheran Times, Iran is planning to put into operation the biggest oil refinery in the Middle East, called Shazand in the next few days.
read more... 01/02/2011
European Commission demands more renewable energy investment and cooperation
The European Commission announced on January 31st that the EU Member States are on the right track for achieving the 2020 renewable goals which will most likely be met. These actions could bring up to 10 billion euros of savings each year.
read more... 01/02/2011