Latest news
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
Ukraine and Azerbaijan sign an agreement on LNG cooperation
The Ukrainian and Azerbaijani governments have signed on Friday two documents: a memorandum which has the goal to organize the LNG supplies to Ukraine and a collaboration agreement in the domain of oil transportation through the territory of Ukraine.
read more... 31/01/2011
New Polish LNG terminal planned for 2014.
The building of the liquefied natural gas (LNG) terminal in Świnoujście, Poland will start at the end of March this year. The project is estimated to cost 2.9 billion polish zlotys and should be put into operation till mid-2014. The terminal should be connected to the transportation system in 2013, with a delay of one year after the terminal became operational from mechanic and technological point of view.
read more... 27/01/2011
Israel seeks natural gas cooperation with Greece
After the recent natural gas discovery in the Leviathan field, Israeli officials faced several options for natural gas transportation.
read more... 25/01/2011